Positive Buzz For TDP Gives Wings To Stocks!

Who will come to power in Andhra Pradesh has been the burning question for a few weeks. The state went to elections earlier this month. The much-awaited results will be out tomorrow and all eyes are on the D-day. Adding fuel to the buzz the exit poll surveys were out which grabbed everyone’s attention.

A few surveys predicted an edge to the TDP alliance and this is said to have given wings to the stocks with a growth of a few folds. In the wake of the surveys the market is said to be witnessing a good growth.

Election results will have a big impact on the market. If the trend is favourable to the parties which they think they deliver then the investors increase their investments which can have a big impact on the market.

The same is said to have happened with the investors showing interest. The experts said that the stock tripled by almost three folds which speaks volumes about the buzz around the party’s win.

As an example of this, the value of Heritage Foods share is over Rs 400 with Rs 425 which can be seen as a big jump compared to earlier. In the early months of March, the stock stood at around Rs 150 which is a jump of around three folds.

Experts say that this can be the result of the positive trend of the TDP and the surveys predicting its win. This is encouraging the investors to invest resulting in a good sign for the market. Let us wait and see what the results have to offer.