Impact Of Lok Sabha Elections On Equity Market Using Sentiment Analysis

Abstract

This report explores the impact of the Lok Sabha elections on the equity stock market, using sentiment analysis and other technical analysis. The data is based on the Economic Times daily articles and sentiment analysis was done on it. We have tried to recognize the pattern in the 2009, 2014,2019 and 2024 elections and tried to find out which sectors perform best and how the market reacts before and after the elections. It is observed that when the results do not turn out the way the public expects it to, the market volatility increases. This paper also speaks about the economic state of the country during this period of high uncertainty.