Macros, not Bihar elections, main concern for market

AK Bhattacharya of Business Standard believes that it is not the Bihar elections that market is reacting to, but the essential macro numbers that is causing the volatility in the market. Market will react to Bihar election post November 5th, after the exit polls, he told CNBC-TV18’s Shereen Bhan. Markets are more nervous about “macro numbers, upcoming budget and tax reform initiatives of the government” he said. Watch video to listen to the entire interview.