People are cautious; they are suffering because of economic pain. Indian market been one of the top losers among major emerging markets so far in May amid renewed concerns over the US-China trade war. “But one cannot prepare for such an outcome in advance. If you liquidate your portfolio going into the election results, and if the outcome is opposite, you may not get these valuations,” he said. Even if election result is favourable and markets go berserk, you still need to be careful, as it is not necessary that economic data would turn positive immediately," he warned.
Source: Economic Times May 16, 2019 06:11 UTC