The General Elections are on! Three phases are already over and three more to go...April 30, May 7 and May 13.
The exit polls till now does not indicate any clear cut leading party and looks like we are heading for a hung parliament. And nothing can be worse than that. The issues before the nation are many and serious...economic, social and security. There is no need to list them here as everybody is well aware of them, besides I am sure there are a lot of local issues that are affecting all.
I would like to share something that probably will affect most of us. A recent poll done across the country and some alarming results!
The question was...
"What will be the Sensex level if the Third Front comes to power in these general elections?"
And the results...
Around 56% voted for the option - less than 6,000.
Around 39% believe that the Sensex will remain within a range of 6,000 and 12,000, while there are 5% who believe that even a Third Front government cannot stop the Sensex to rise beyond the 12,000 level.
Going by the majority, if the Left-supported Third Front government does come to power at the Centre this time around, the outcome for the stock markets might be calamitous. We pray not!
Tags :
Elections, India, government, sensex, poll, survey