In 2018, market volatility could rise as at least eight states go to polls

The next key battle the market will watch out for will be in Congress-ruled Karnataka

The wild 1,200-point swing in the benchmark Sensex on Monday suggests elections will be one of the most important drivers and a source of high volatility for the markets in 2018. At least eight states will go to polls next year, each of whom will be closely tracked by the markets to get a hint as to what could be in store for the all-important general elections in 2019, say equity market experts. 

The 30-share blue-chip index tanked 867 points (2.6 per cent) on opening as early trends showed Rahul Gandhi-led Congress ahead of the ruling Bharatiya Janata Party (BJP) in