---
title: Stock market falls when the Parliament is in session
date: "2002-08-02T12:00:00Z"
categories:
  - links
wp_id: 1258
description: I explore why the stock market drops during parliamentary sessions and budget discussions. Rather than blaming bad policy, I attribute this trend to excessive investor over-optimism leading up to the session's start.
keywords: [stock market, parliament, budget, investor sentiment, india, economic policy]
---

The [stock market falls when the Parliament is in session](http://economictimes.indiatimes.com/articleshow.asp?artid=17793284). Particularly if the Budget is discussed. Personally, I would attribute it to investor over-optimism. I don't see how the politicians take bad decisions more than half the time, because in that case, we're better off without them.

Hmm...