The markets have run up significantly. We are trading at all-time highs and a lot of the positives of the election seem to have got priced in. I think it is a given that BJP victory with a higher number of seats and NDA also with higher number of seats, that is kind of discounted in the market.
Central bank turns piper to draw in foreign capital; leaves repo rate at 5.25, keeps stance neutral
The Reserve Bank of India has introduced measures to boost foreign currency inflows, including incentives for external commercial borrowings and bearing hedging costs on FCNR(B)