PM Modi forecasts a "stock market rally" starting on June 4: Should investors in gold, mutual funds, and stocks adjust their portfolios prior to the Lok Sabha election results?

From novice mutual fund investors to seasoned stock market traders, everyone is anticipating the results of the Lok Sabha elections on June 4, 2024. Prime Minister Narendra Modi stated that the stock market would rise when the election results were announced in a recent television appearance. "You see, the day election results come out, and throughout that week, those who punch trades will get tired," Modi said when asked if the equities market was acting nervously due to worries over the outcome of the election. A decreased turnout in the last stages of the upcoming Lok Sabha Elections 2024, barring other circumstances, has unnerved the Indian market due to growing apprehension over the poll results. Insiders predict that until the elections are over, the stock market will continue to be erratic and very sensitive to news. Amit Shah, the union home minister, advised investors a few days ago to buy the drop before June 4, 2024, saying the market would soar beyond that day. Additiona