India's elections outcome will not have a major impact on its markets: Credit Suisse

The Indian market is unlikely to suffer no matter the outcome of India's parliamentary elections, which is starting next month, according to a Credit Suisse strategist.

India will hold elections in seven phases starting from April 11 for the lower house of the parliament. Results are set to be announced in May and a new government will be formed subsequently. Still, concerns around national issues such as the lack of employment opportunities as well as the real impact of demonetization and the good and services tax — two major initiatives under the Modi government — persist.

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Source: CNBC - 🏆 12. / 72 Read more »