Share market performance estimation for 2014, will share market perform better?
Sensex rocked after opinion polls announcing a clean sweep for BJP in four states elections. Nifty was high too.
Its expected that the market will further zoom incase BJP wins these four states. These elections were considered as semi-finals for 2014 elections.
Market is expecting a win for Modi and hoping that new government will come at power in 2014. So considering that market zoomed 1% after opinion polls.
Incase BJP wins four states market to go further up and this may be 5% more.
So taking this trend into consideration, each state if 1% than market should zoom atleast 25% incase Modi wins.
The expected target for Sensex will be 26500 and for Nifty will be 7850.
Indeed a good projection, but what if Modi does not win? We can consider an reverse effect then.
But i along with eveyone wish that he wins. And take the not only stock market but whole economy upward.