Karnataka assembly election outcome coupled with sliding rupee and rising global crude oil prices has made investors nervous over the past two sessions. Till Wednesday, the uncertainty had dragged the S&P BSE Sensex over 600 points from its three-month peak level of 35,994 hit a day earlier.
Also Read: Wrong call: Karnataka Governor has gone against recent convention
Also Read: Wrong call: Karnataka Governor has gone against recent convention
The election was being dubbed as the semi–final to the 2019 general elections. Besides beefing up the tally in Lok Sabha (Karnataka has 28 seats) and Rajya Sabha (12 seats), this election was important for the Bharatiya