Over the past four decades, global equities have always generated positive returns in a year following US elections, wherein BSE Sensex gained an average 37 per cent
The research report added that on the year-to-date (YTD) basis, the Nifty Midcap100 is down just 2 per cent as compared to the broader Nifty 50 index which is down 6 per cent.
Jubilant Foodworks' (JUBI's) Q4FY16 results disappointed at the revenue, EBITDA and PAT levels. While revenues were 4.2% below expectations, EBITDA margins contracted by 80bps y-o-y, with adjusted PAT declining 6.6% y-o-y.
An informal group of ministers has cleared an Election Commission proposal to buy nearly 14 lakh new electronic voting machines (EVMs) at a cost of over Rs 5000 crore ahead of the 2019 Lok Sabha elections