Will markets crash if BJP loses Haryana, J&K, Maharashtra, Delhi state polls?

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Will markets crash if BJP loses Haryana, J&K, Maharashtra, Delhi state polls? - Business Standard

Quick Summary:

Over the next few days, however, the markets have a lot of other things to worry about such as the geopolitical conflict in West Asia, outcome of the Reserve Bank of India’s (RBI’s) policy and then the corporate results season.

A reduced majority, or even a loss for the Bharatiya Janata Party (BJP) in Haryana and Jammu & Kashmir (J&K) state elections is unlikely to ruffle the markets much, suggest analysts.

That said, the outcome of the state polls, especially in Haryana and Maharashtra, analysts believe, are also important from 'farm politics' viewpoint, and how the central and the state governments deal with the farmer's demands.