It's a pure speculative money which is being poured in market... Already Iv's are high... If NDA 272+ then on Nay series itself we will see 7500+ sure... The magic word is "Namo"
Not 'One' person, a single individual can comprehend/imagine the market going down, IF Modi becomes PM. All see one way upside.
It is almost a done deal, that Modi will become PM, then in corollary, will the market surely continue upwards?
My Opinion: The opposite will happen. With every intraday dip Bulls will buy-in. Bears will short every following rise. This will continue for a few days. This charade will be followed by a sharp fall, trapping the blindfolded Bulls.
When everyone is expecting the upside, markets will correct by atleast 20%. It has happened in the past.