The results of the Maharashtra and Jharkhand elections will be key drivers domestically, with the outcome in Maharashtra being particularly significant. The NDA's overwhelming victory there is expected to further bolster bullish sentiment. However, global factors remain a major concern. The escalating tensions between Russia and Ukraine, coupled with rising crude oil prices, have intensified inflationary worries, according to Santosh Meena, Head of Research at Swastika Investmart Ltd.
