Chief Operating Officer at Tradejini, Trivesh D., shared his insights on the potential impact of the 2024 general election on the stock market. While he believes that the short-term influence may not be significant, the long-term implications could be substantial. Trivesh highlighted that unexpected election outcomes could lead to market disruptions, albeit short-lived.
In terms of sectoral investments, Trivesh expressed positivity towards industries such as pharmaceuticals, electronics manufacturing, infrastructure, electric vehicles, renewable energy, and recycling. He emphasized that government initiatives could further enhance the attractiveness of these sectors for investors.
Regarding market challenges in the short to medium term, Trivesh pointed out geopolitical uncertainties, political climate changes, inflation, rising living costs, and rupee volatility as key concerns. He also mentioned the ongoing general election and its historical impact on market performance.
Trivesh recommended retail investors to consider investing in bonds for portfolio stability and income generation. He highlighted the recent regulatory changes that have made corporate bonds more accessible to retail investors. Trivesh also emphasized the importance of maintaining a strategic mix of equities and bonds for long-term wealth building.
In terms of asset allocation, Trivesh advocated for a multi-asset approach, involving a diversified portfolio across equities, gold, fixed income, and real estate. He stressed the importance of aligning asset allocation with individual risk tolerance, investment horizon, and financial goals. Trivesh also shared his ideal portfolio mix, tailored to his age and current earnings.
Overall, Trivesh’s insights provide valuable guidance for investors navigating the complexities of the stock market and seeking to optimize their investment strategies for the future.
