Equities soften on sluggish economy
Tuesday, October 24, 2017
The performance of the BSE, as measured by the benchmark Domestic Companies Index (DCI) has lost five percent in the first nine-months of the year.
In a third quarter (Q3) market update, the BSE says that despite an impressive 4.2% economic growth forecast for 2017, the sentiment on the ground is different with companies and perception surveys pointing to a subdued growth.
Figures released by the country’s electoral management body have shown that a total of 1, 037, 684 people have registered to vote.However, eligible voters could be discouraged by events leading to the voting day like poor execution of advance voting amid talks that the elections could be unfair.There have also been threats by certain opposition politicians that shall the elections not be free and fair, they will halt them.Despite these...