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Below the Quote on Markets today by Suman Bannerjee, CIO, Hedonova

The markets are riding a wave of optimism, propelled by the exit polls suggesting a decisive win for the NDA government, reflecting the sentiment driving the surge to an all-time high of 23,122. The upcoming election results could sustain this rally if the NDA wins, while any surprises might trigger volatility. Additionally, the RBI's monetary policy decisions will be critical; a dovish stance could further boost the market, whereas a hawkish approach to curb inflation might temper gains. In the short term, investors should maintain caution and consider hedging, while a mid-term strategy should focus on a diversified portfolio, quality investments, and monitoring economic indicators to adapt to fiscal and monetary policy changes.

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