From Yahoo Finance: 2024-06-08 14:03:01

Indian stocks plunged this week as investors reacted to Prime Minister Narendra Modi’s narrow victory and left-wing Claudia Sheinbaum’s landslide win in Mexico. Global analysts warn that upcoming elections in 2024 could lead to further market volatility around the world. Modi’s victory sent Mumbai-listed stocks plummeting, while Mexican equities slumped following Sheinbaum’s win. The stock market surprises served as a reminder of potential market fluctuations due to elections this year. Modi’s victory sparked concerns about passing pro-growth reforms, while Sheinbaum’s win led to a sharp stock market slump, indicating uncertainty for investors.



Read more at Yahoo Finance: The year of the election just delivered its first big stock-market shocks