Traders are preparing for an active trading session after the BJP-led alliance's decisive victory in the Maharashtra state elections. Nifty futures have risen by more than 1%, with expectations that the underlying index may reach the 24,000 level again. This electoral win is seen as a strong indication of policy continuity in India's wealthiest state, which could boost investor confidence.

Despite the positive market sentiment, concerns persist about the Adani Group, ongoing foreign investor outflows, and high market valuations. Investors will closely monitor these factors as they assess the implications of the election results on the broader economic landscape.

Investors will closely monitor these factors as they assess the implications of the election results on the broader economic landscape.