Dalal Street is expected to have a strong start on November 25 due to the BJP-led Mahayuti alliance's decisive victory in the Maharashtra Assembly elections. This victory is predicted to boost investor confidence and ensure continuity in economic policies.
The Nifty index is anticipated to reach around 24,000, with experts forecasting a 1 to 1.5 percent increase in the indices. The markets are already in a recovery phase, and it is suggested that the Nifty could reach levels between 24,400 and 24,500 in the first few trading sessions of the week.
The Mahayuti alliance's victory exceeded exit poll predictions, further adding to market optimism.