Nifty may correct by 5-7% if BJP-led NDA loses Bihar elections: Report
Nifty may see a 5-7% short-term correction if the BJP-led National Democratic Alliance (NDA) loses the Bihar Assembly elections, according to a strategy report by InCred Research. A reversal of exit poll predictions, which predict NDA's win, would likely raise concerns over national policy stability. The report noted Prashant Kishor-led Jan Suraaj party's emergence could disrupt NDA's voter base.