Due to municipal corporation elections in Mumbai, the stock markets are closed.
How is this fair to investors who lives in Haryana, Kerala, Tamil Nadu, or elsewhere in the country who have nothing to do with this local election?
A local civic election in one city ends up impacting the entire nation’s financial markets. This raises a genuine question about fairness and inclusivity, especially in a country as large and diverse as India.
Should a regional political event dictate market access for investors across the whole country? Isn't it unfair?