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A governance development with market-wide reach.
· NDTV Profit
The CJP has called for a protest at Jantar Mantar on October 10, demanding the resignation of Chief Election Commissioner Gyanesh Kumar over alleged irregularities in the Special Intensive Revision (SIR) exercise and modifications to Form 6.
Key facts
- Dates in focus
- October 10
The analysis
This is a Capacity / capex event. Capacity added into a soft cycle compresses returns for the whole sector; added into a tight one it is the cheapest growth available. The cycle position matters more than the announcement.
Market context
- The immediate tone of coverage reads negative.