As the NDA stormed back to power in the Bihar assembly election with a commanding mandate, the Indian stock markets are projected to react positively to this victory, considering that it will add stability to the coalition at the Centre, analysts said on Sunday.

“Unlike the past trend, the actual results were in line with the exit polls but the mandate was stronger this time,” said JM Financial Institutional Securities in its latest note.

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The recently launched women-centric cash transfer scheme played a major role in improving the voter turnout – especially among women, which reflected in the assembly results as well.

“The decisive mandate in Bihar in favour of the NDA and the magnitude of shift in votes from the opposition parties (RJD and Congress) sends a clear signal

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