Tag: Lok Sabha election

(11 May 2024)  Indian stocks sold off sharply last week as traders opted to take profits ahead of the the Lok Sabha election.  The Nifty fell by almost 2% on the week to 22,055 while the BSE Sensex finished at 72,664.  The decline may be the result of some investors hedging the election outcome in the event of some unexpected developments. The sell-off was the possible outcome of the Mars opposition aspect to the natal Moon in the BSE horoscope.  Thursday's decline was the largest last week as Mars (12...