Investors are anxious ahead of India's national election results as no party is expected to emerge with a clear majority. The stock market has fluctuated wildly in recent weeks due to the uncertainty over which coalition will form the new government. Speculators have contributed to the volatility as an uncertain political situation provides an opportunity to profit from investor fears. History shows the market usually stabilizes after a stable coalition takes power, but a fractured mandate could be negatively viewed in the short-term. The worst case scenario for markets cited is a Third Front government backed by left parties, which could significantly hamper economic reforms.