Will Sensex, Nifty rally after state election results? Here's why analysts advise caution
- Posted on May 1, 2026
- By Business News Today
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- 1 min read
Will Sensex, Nifty rally after state election results? Here's why analysts advise caution
Kotak Institutional Equities says any election-driven market rally may be short-lived, as rising oil prices and a widening deficit pose bigger risks. While positive poll outcomes could lift sentiment briefly, escalating geopolitical tensions and surging crude are likely to shift focus back to macroeconomic pressures.