Amit Shah’s Exclusive Response to Share Market Crash: “Buy Before June 4

The seven-phase elections concluded with the counting of votes on June 4. The market is expected to rise after this date, following a potential victory for the BJP and its allies in the Lok Sabha elections.

The share markets have experienced significant fluctuations in recent sessions due to various factors. There have been rumors suggesting that market crashes indicated a poor performance by the BJP, but Mr. Shah highlighted that the markets have undergone larger corrections in the past.

Mr. Shah did not comment on whether the Sensex would surpass the one lakh-mark, but he emphasized that the stock market tends to perform well under a stable government. He expressed confidence in securing over 400 seats, leading to a stable Modi government and subsequently, a rise in the share market.

The BSE index, which represents the top 30 companies in the country, recently fell below 72,000 during initial Monday trading after a decrease of over 700 points. It had previously reached a high of 75,000 on May 3.

Additionally, global conflicts are noted to have a significant influence on investor sentiments and the share market.