Nifty, Sensex rallied around 1.5 % after Maharashtra election results, Experts noted short term rally

Mumbai (Maharashtra) [India], November 25 (ANI): Indian stock markets rallied on Monday after the BJP-led government secured a majority in the latest state elections in Maharashtra.

The Nifty 50 index gained more than 1.45 per cent or 346.30 points to open at 24,253.55 points, while the BSE Sensex index surged 1,076 points or 1.36 percent to open at 80,193.47 points.

Experts noted that the election results have an impact