India Awaits Election Results with Market Uncertainty

As the final phase of voting ends, analysts and investors brace for varied market responses based on the election's outcome.

• The final phase of voting in India's national election concludes Saturday, with results expected on June 4.
• Markets have shown volatility ahead of the election, with the India VIX index rising significantly.
• Analysts predict different market reactions based on the election outcomes, from rallies to potential sell-offs.
• Investor Mark Mobius remains optimistic about India's economic growth regardless of the election results.
• S&P Global Ratings has upgraded India's outlook to 'positive,' citing robust economic expansion.

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