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Haitong recommends looking at any dips as buying opportunities, as valuations are currently at all-time highs. Its preferred sectors are banks, industrials and auto. ....
Assessing the impact of past elections, FT observed that the Indian market has consistently offered positive returns after elections, as seen in 2004 (16.1 percent), 2009 (38.7 percent) and 2014 (14.7 percent), over the one-year period following the election result date. ....