While the incumbent government securing its third term bodes well for market stability, it does juxtapose them with some dependency on allies for imperative policy decisions.
Since last Ganesh Chaturthi, 33 stocks delivered significant returns. Elitecon International led with substantial growth. Kothari Industrial Corporation and Colab Platforms also saw major surges.
Nifty slipped below 24,800 amid banking weakness, sparking concerns of further downside towards 24,600. While sentiment turned negative, FMCG and auto stocks like Maruti, HUL,
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