 "stock markets, Nifty50")
The NSE Nifty has witnessed a strong breakout on the daily and weekly scale following the huge gap-up start of 335 points post a clear verdict in 3 out of 4 state elections in favour of the Bharatiya Janta Party (BJP).
The state elections outcome is seen as a precursor to the general elections next year, in which Narendra Modi-led BJP is eyeing a third-term at the Centre. Analyst says that that market likes political stability.
"The state elections results have turned out to be a big event which can trigger renewed optimism and further rally in the market. Market
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