stock market correction: Shock election results, tax tweak may trigger equity correction on Dalal Street: Chris Wood, Jefferies

stock market correction: Shock election results, tax tweak may trigger equity correction on Dalal Street: Chris Wood, Jefferies

A “surprisingly bad outcome” in national elections, and any changes in capital gains tax in upcoming July budget could act as triggers for a near-term correction in Indian markets, Christopher Wood, global head of equity strategy at Jefferies said. While a shock BJP defeat in 2024 elections is “extremely unlikely”, markets could correct even more … Read more