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Decoding an election year’s challenge for investors

There is a push and pull effect linked to government spending as we approach elections, which can affect fiscal deficit calculations and in turn, valuations. What’s the scenario investors should prepare for?

November 03, 2023 / 10:50 IST
Higher capital expenditure is commendable in a pre-election year as the government has retained its focus on long-term value creation rather than just sops to appease voters
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