Stock Market Live Updates Today: GIFT Nifty Up 100 Points; Investors Eye West Bengal, Kerala & TN Election Results

Nifty 50 | Sensex today | Stock Market Live Updates:

Indian stock markets are expected to remain on edge on Monday as counting of votes began at 8 am across 823 assembly constituencies in key states including West Bengal, Tamil Nadu, Kerala, Assam and the Union Territory of Puducherry. Alongside, results for by-elections to eight assembly seats across six states are also being declared, adding to the political significance of the day.

Early market signals remain mildly positive, with Gift Nifty indicating a steady start, up around 0.4% in early trade. However, volatility is likely as trends emerge from high-stakes contests that saw strong voter turnout and intense campaigning. Investors typically track such large-scale elections closely, as outcomes

can shape policy direction, reform momentum and state-level spending priorities.

Global cues are also in play. Reports around the US ensuring freedom of navigation in the Strait of Hormuz — a critical oil supply route — are being watched closely. Any movement in crude prices could influence inflation expectations and market sentiment in India.