Lok Sabha elections, new govt reforms key factors: JPMorgan

Here are experts’ equity calls for the day on how the market is expected to trade: 

Bharat Iyer, JP Morgan: Financial markets are looking forward to the elections with a lot of expectations. A decisive verdict leading to a government with the ability to undertake significant reforms is seen as key to reversing India's ongoing growth moderation and other macro stresses.

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Neelkanth Mishra, Credit Suisse: The tabulation of poll results is to start on the morning of May 16. One can expect that by the afternoon it should be clear who forms the next government. It is expected to be a day of high volatility as initial trends can sometimes be different from the final results. This is particularly so when the market implications of a 180-seat verdict for one alliance are likely to be very different from a 200- or a 220-seat verdict.