Sensex, Nifty, Share Prices LIVE: India’s benchmark indies are anticipated to open positively following the BJP-led alliance’s significant victories in the Maharashtra state assembly elections. The Gift Nifty indicates a gap-up of around 200 points. Analysts from Motilal Oswal Financial highlight expectations for increased government spending to boost demand, coupled with a recovery in rural spending due to favourable monsoon conditions. Emkay Global Research notes the electoral success of the Mahayuti alliance and the continued importance of populist schemes despite potential fiscal pressures. Meanwhile, foreign portfolio investors have been selling aggressively, primarily driven by a shift in investment focus, but selling may soon taper off. Strategists recommend a cautious investment approach, focusing on quality stocks and sectors tied to urbanization and infrastructure. Despite a recent market rally, technical indicators suggest underlying weakness, prompting a careful outlook as corrections present opportunities for strategic stock accumulation.