Will 2024 elections have an impact on the market? Besides India, keep an eye on the US, Taiwan, and China.

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Synopsis
Political continuity and stability is believed to be helping the markets. Elections are seen through this lens. But does political change have a lasting impact on the markets? Data from past elections shows that adverse election outcomes do not have long-term impacts on Indian markets. Does that make 2024 Lok Sabha elections important?

What are fund managers talking about these days? Take a guess. You’re right — elections, and perhaps then about EPS growth rates. In fact, many seasoned retail investors are also busy discussing how to time their moves. Fund managers, seasoned investors, and most close observers of the market generally believe that whatever has worked in the past will work in the future and political continuity is good for the markets. Such thinking often