True surprises for markets are rare. Yesterday's rise of 17 per cent in India's benchmark Sensex stock index was an exception. It is plain that the market is very happy that the ruling Congress party won a smashing victory in parliamentary elections, which should now give it much greater freedom of political manoeuvre.
市場很少感受到真正的驚喜。昨日印度Sensex股指17%的漲幅是一個例外。很顯然,市場很高興看到執政的國大黨(Congress party)在議會選舉中獲得壓倒性勝利,這應該能讓市場擺脫政治操縱,獲得更大自由。
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