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Jhunjhunwala doubts BJP getting majority

Jhunjhunwala doubts BJP getting majority
New Delhi, April 17 (IANS) Changing his earlier stance, billionaire investor and trader Rakesh Jhunjhunwala has said that the ruling BJP may not get a clear majority in the Lok Sabha elections.

He, however, said the party would be a major partner in the next government at the Centre.

Jhunjhunwala's current position is different from his view in February when he had predicted that Narendra Modi-led BJP would come back to power with a comfortable majority.

The first phase of elections ended on April 11. The Lok Sabha Election 2019 will be conducted in seven phases and counting will be held on May 23.

 

Talking about market trends, the ace investor said the poor had not benefited from the bull-run in the markets in the past four decades.

Jhunjhunwala advised the market participants to exercise caution and wait till the end of the elections to be aggressive and invest.

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

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Jhunjhunwala doubts BJP getting majority

About Gopi Adusumilli

Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc. He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources. When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any. He can be reached at gopi@socialnews.xyz

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