The impact of elections on Indian stock market , the call put race and the gold saga On Monday 3 june 2024 ,the market reacted on positive side after the exit polls showing the clear mandate for NDA 360+ seats in the loksabha elections . Since the last month the market has been uncertain and the india vix has been increasing rapidly , the Indian stock market experienced significant gains, primarily driven by favorable exit poll results and strong economic data. On 3rd june the BSE Sensex surged by 2,507 points (3.39%) to close at 76,468.78 The market rally was because of several factors: 1. Exit Poll Results: Exit polls predicted a substantial majority for the BJP-led NDA government, suggesting political stability and continued economic reforms 2. Economic Data: India’s GDP growth for FY24 was reported at 8.2%, exceeding expectations. This positive economic outlook contributed to investor confidence 3. Global Cues: Positive trends in global markets, especially gains in th...