Sanjeev Zarbade, Vice-president - PCG Research, Kotak Securities on today's markets

"Equity benchmarks remained strong as elections results have indicated that BJP will form its government in Gujarat and Himachal Pradesh. The market breadth was positive as well. European stocks opened higher, amid heightened expectations US lawmakers could pass a long-awaited tax bill. Going ahead, with future direction of the market would be influenced by global monetary developments and fund flow from domestic and foreign investors. Central bank tightening and high oil prices would be the key risks."

Source : Equity Bulls

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