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Prepare For A ‘Political Storm’ Ahead Of 2019 Polls, Nomura Says

Prepare For A ‘Political Storm’ Ahead Of 2019 Polls, Nomura Says

The Indian market is yet to price in what could be a ‘political storm’ in the run-up to the general elections next year as the opposition seeks to regain lost ground.

That’s the word from Japanese financial major Nomura which expects a “grand coalition” of opposition parties to take on the might of the ruling Bharatiya Janata Party.