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Sri Lanka Equity Forum » Stock Market Talk » India election and stock market

India election and stock market

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1India election and stock market Empty India election and stock market on Fri May 16, 2014 10:34 am

dineshfernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Bombay Stock Exchange Sensex is up 4.62% (1,172 points) today as a result of the business friendly leader Narendra Modi been elected as the Prime Minister of India. The sensex passed 25,000 points.

It's been predicted that Corporate earnings growth for the next fiscal year would be by 25% when Modi comes to power.
http://www.marketwatch.com/story/india-elections-lets-not-get-ahead-of-ourselves-2014-05-15

We too in Sri Lanka badly need a business friendly government to boost corporate earnings. Our corporate earnings are declining every year and businesses are suffering due to high taxes and unfriendly business environment. Our politicians are killing already struggling businesses.

Now many foreign investors will move to India due to Business friendly government in power. This is going to be a big blow for Sri Lanka.

2India election and stock market Empty Re: India election and stock market on Fri May 16, 2014 11:04 am

SHARK aka TAH

SHARK aka TAH
Expert
Expert
@dineshfernando wrote:Bombay Stock Exchange Sensex is up 4.62% (1,172 points) today as a result of the business friendly leader Narendra Modi been elected as the Prime Minister of India. The sensex passed 25,000 points.

It's been predicted that Corporate earnings growth for the next fiscal year would be by 25% when Modi comes to power.
http://www.marketwatch.com/story/india-elections-lets-not-get-ahead-of-ourselves-2014-05-15

We too in Sri Lanka badly need a business friendly government to boost corporate earnings. Our corporate earnings are declining every year and businesses are suffering due to high taxes and unfriendly business environment. Our politicians are killing already struggling businesses.

Now many foreign investors will move to India due to Business friendly government in power. This is going to be a big blow for Sri Lanka.
our Maha Raja is too friendly know ......

He has been the Best surpassing previous regimes.

Its just that we need Harsha to be in the SLFP .... and the Market will rise  Very Happy  if he becomes the Economic Adviser .....

Very Soon he will join the Govt, in the Next Election  Rolling Eyes 

3India election and stock market Empty Re: India election and stock market on Fri May 16, 2014 1:42 pm

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Giving dinner to journalist and some businessmen at Araliyaga Mandiraya is not Business Friendliness "



"Power Hungry" and " Business friendliness" are two different Concepts

4India election and stock market Empty Re: India election and stock market on Fri May 16, 2014 2:42 pm

stevenapple


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
We can expect two up waves relation to Political change..
2nd Wave --- The day existing government toppled
1st Wave & Significant Wave -----The day which ranil is replaced. Very Happy 

5India election and stock market Empty Re: India election and stock market on Fri May 16, 2014 2:47 pm

dhanurrox


Vice President - Equity Analytics
Vice President - Equity Analytics
Whatever script is written for green here. alien alien alien 

6India election and stock market Empty Re: India election and stock market on Fri May 16, 2014 7:06 pm

Balanced_Views


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Modi winning is good for SL-India relations. ASPI will go up to 6500

7India election and stock market Empty Re: India election and stock market on Fri May 16, 2014 7:14 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert
A strong Indian govt will have positives n negatives for neighbors. A testing period ahead

8India election and stock market Empty Re: India election and stock market on Fri May 16, 2014 7:52 pm

celtic tiger


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Foreign inflows to India means good times ahead of us as well.I really thinks it's time to fasten your seat belt.

9India election and stock market Empty Re: India election and stock market on Fri May 16, 2014 8:42 pm

cse1981

cse1981
Manager - Equity Analytics
Manager - Equity Analytics
We also want change  Smile Laughing

10India election and stock market Empty Re: India election and stock market on Fri May 16, 2014 9:04 pm

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
At this juncture, tactical diplomatic approach with new Indian ruling party is must to establish better relationships by revisiting the foreign policies. Few statements made in pre-election campaign by new leader of the regional matters are to be carefully studied before the approach. Direct influence from southern state to central government is minimal now as new ruling party can freely stand on their feet. Any positive outcome from state level will be a plus point to SL ruling party that directly or indirectly affect to our capital market.

11India election and stock market Empty Re: India election and stock market on Fri May 16, 2014 9:05 pm

cse1981

cse1981
Manager - Equity Analytics
Manager - Equity Analytics
May 16, 2014 (LBO) - Sri Lanka's stocks closed 0.48 percent higher with strong foreign buying amid Indian stock market moved up more than six percent to a record high on Friday, brokers said.

12India election and stock market Empty Re: India election and stock market on Fri May 16, 2014 9:47 pm

Antonym

Antonym
Vice President - Equity Analytics
Vice President - Equity Analytics
India's relationship with Sri Lanka was influenced by Tamil Nadu because the Congress Party was dependent on its coalition partners in TN. With the absolute majority that the BJP has won, Indian foreign policy will henceforth be determined by India's best interests.

Mr Modi has promised to revive growth, which implies that more foreign money will get invested in India. That could have a positive spillover effect on Sri Lanka... Interesting times ahead, for sure.

13India election and stock market Empty Re: India election and stock market on Sat May 17, 2014 10:40 am

stevenapple


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Very optimistic times are ahead.all depends on foriegn policy f new government.hats off to indians for elect a new party forgetting emotions sake of a countrys future.

14India election and stock market Empty Re: India election and stock market on Sat May 17, 2014 11:05 am

gagamini


Manager - Equity Analytics
Manager - Equity Analytics
We had a strained relationship with the past government and TN took the political advantage of it. Fishermen's problem and others were as a result of  our bad relationship with the center .

With election is over , political play of Jayalalitha may end. On top of that BJP has won an  absolute majority and dictation of provincial political leaders will end with that . This may have an  advantage  for us and Central Government may take decisions  considering the national interest .

However , to make this turn to our advantage we will have to see how SL government behaves . If they are trying to play cheap  politics as they did with congress government , thinking of better improvement of our foreign relationship with India would be a dream .

15India election and stock market Empty Re: India election and stock market on Sat May 17, 2014 12:08 pm

schemer


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
in sri lanka regime change will not give any real change because whole bunch of this aging and corrupt politician will switch to the other side for money. so we will see the same old rotten corrupt faces in the cabinet and parliament. Also we will see their sons ,wives, daughter ,brothers son, illegal wives etc in the parliament .so same saga will continue.

16India election and stock market Empty Re: India election and stock market on Sat May 17, 2014 12:54 pm

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Schemer you are 100% correct

We have live with these things

No one will Change this in near future

17India election and stock market Empty Re: India election and stock market on Sat May 17, 2014 1:34 pm

gagamini


Manager - Equity Analytics
Manager - Equity Analytics
@schemer wrote:in sri lanka regime change will not give any real change because whole bunch of this aging and corrupt politician will switch to the other side for money. so we will see the same old rotten corrupt faces in the cabinet and parliament. Also we will see their sons ,wives, daughter ,brothers son, illegal wives etc in the parliament  .so  same saga will continue.

The nature of human being is they need changes . Let the change is going to be good or bad is not important but change is the need . If same thing is going on for years and years people get fed up of it . That is why we hold elections every 5 or 6 years . India and America hold their elections every 5 years and 4 years respectively . Another important point is we can't come to a pre judgement that the people waiting to come to power would be worse than this and as such better that we continue with present regime .

If Indians also thought in the same manner BJP would have never come into power and existing corrupt regime would  have continued forever . Do not forget Indian politicians are more corrupt than ours and even past BJP government faced corruption charges . They too have nepotism as we have and  still they opted to it .

Another point I would like to state is that in the world nothing is available that cannot be changed . Every thing could be changed and get changed .

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