• Election Chaos! India, Mexico & South Africa

  • Jun 9 2024
  • Length: 24 mins
  • Podcast

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Election Chaos! India, Mexico & South Africa

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    India’s stock market took its worst tumble in four years after Indian Prime Minister Narendra Modi’s BJP lost its parliamentary majority in a surprise outcome.

    This result means that Modi will need to rely on smaller parties to form a governing majority in the Lok Sabha, the lower house of India’s parliament, raising uncertainty about the Indian leader’s ability to pursue his pro-business agenda.

    Surprise election results in Mexico and South Africa also shook markets over the last week. Should investors worry about the effect elections can have on markets?

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