Mutual funds were amongst the largest sellers when the market rallied reacting to the general election 2024 exit poll results. The Nifty 50, India's benchmark index, rose 3.25% on June 3 to fall over 5.93% after the poll results. The fall called for investigations into the exit polls which allegedly led to losses for the investors on the counting day on June 4.
Valuations in Indian markets have become reasonable: Mirae's CIO Surana
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