Equity markets are not a big fan of uncertainty. So, with the Bharatiya Janata Party (BJP) winning big in the three key states of Madhya Pradesh, Rajasthan, and Chhattisgarh, the bulls on Dalal Street have heaved a sigh of relief. Both the BSE Sensex and Nifty 50 have rallied for a third straight day and hit fresh record highs on December 6. Given the results in the recent state elections, Dalal Street is confident of a BJP win in the general election in April-May 2024.
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