The opposition Congress is confident of overthrowing the long-standing BJP government led by Shivraj Chouhan, which has been in power for nearly two decades.
The Congress, which is in power in Rajasthan and Chhattisgarh, and the BJP, which is ruling Madhya Pradesh, are locked in a straight fight in these three states, while K Chandrashekhar Rao-led Bharat Rashtra Samithi (BRS) is hoping for a hat-trick in Telangana.
The US 10-year bond yield and the dollar index are also cooling off, which gives strength to the market. These factors will be closely monitored, as they have the potential to influence market sentiment,