The much-anticipated general election has concluded, and the results have led to a unique situation where both sides see themselves as winners.

I am a regular reader of Dalal Street magazine and always enjoy the insights on sectoral developments.

Last week, both the frontline equity indices reached new lifetime highs, a milestone that dominated headlines on business news channels and in financial newspapers.

Most of the frontline U.S equity indices showed mixed performance over the past fortnight

The US dollar exhibited volatility, ranging between 104.8 and 105.7, reflecting mixed signals regarding the US economy alongside predominantly hawkish remarks from Fed officials.

The past fortnight reflected a subdued trading environment, largely influenced by a light and unsurprising economic calendar.

The Indian benchmark indices, which faced fluctuations during the first half of the last fortnight, were notably dragged down in the second half due to heightened volatility amid the ongoing Lok Sabha elections, low voter turnout, and uncertainties about the outcome.

I found the concept of PSU awards in the last magazine edition fascinating. It helped me to discover some PSUs, which I wasn’t previously aware of.

In last couple of weeks, we are seeing sudden divergence in the performance between world equity markets and the Indian equity market.