Market Views: Outlook for India equities after shock election results
Indian stocks have been bouncing between losses and gains since the unexpected outcome of India's crucial parliamentary elections. As the government moves to a new era of coalition politics, we asked experts about what investors can expect in the months ahead.
Stock markets in India pocketed gains on June 5 after a steep sell-off the day before in response to Indian voters handing Prime Minister Narendra Modi’s Bharatiya Janata party (BJP) a weakened mandate in the country's general elections.
The Nifty 50 index -- a widely tracked equities benchmark -- rose 2.6% after suffering a 5.9% drop the previous day. The BSE Sensex, another well-known benchmark, also bounced between losses and gains.
The final voting results also showed BJP s…
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