Markets are expected to stay stable if the BJP-led Mahayuti alliance secures a second term in Maharashtra, as exit polls predict.
Analysts note the result is already factored into investor sentiment, signaling a positive outlook. Friday saw a market recovery ahead of the election results. A clean sweep by the opposition could, however, cause short-term market volatility. Experts believe a Mahayuti win may bolster confidence in government-led capital expenditure plans.