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Indian Markets Surge as BJP-Led Alliance Wins Maharashtra Elections

Sensex climbs over 1,200 points and Nifty gains sharply, reflecting renewed investor confidence following the NDA's decisive victory.

  • The BSE Sensex rose by over 1,200 points to surpass the 80,000 mark, while the NSE Nifty gained more than 346 points, opening above 24,250.
  • The BJP-led National Democratic Alliance won 233 of 288 seats in Maharashtra, ending political instability in a key industrial state.
  • Stocks across all 13 major sectors posted gains, with small- and mid-cap stocks rising approximately 2% each.
  • Adani Group stocks recovered partially after recent losses, despite ongoing allegations of bribery and fraud, which the conglomerate has denied.
  • Analysts suggest the election results have boosted investor sentiment, with markets rebounding from two months of declining performance.
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