Indian investors are on their toes awaiting the outcome of US election in a day. As if their life depends on it.
Some section of the market got spooked today on the election outcome & we saw fair amount of dumping.
Honestly, I don’t care about US election results. Especially as an investor.
It’s going to be a non event the moment results are out.
Do you care now about the Indian election results. They came just 5 months back. Sure, the market corrected 8% that day. But right now nobody cares about it.
Similarly, nobody is going to care about the US elections results 2-3 months down the line.
Why worry on something which is not going to matter in couple of months.
At end of the day, it’s the earnings of the companies that matters. We should focus on that.