Mumbai, Feb. 10 -- GIFT Nifty:

The Nifty 50 is projected to open higher, following a 66.50-point increase in the GIFT Nifty February 2025 futures contract.

The Bharatiya Janata Party (BJP) won the Delhi legislative assembly elections with 48 out of 70 seats, marking its return to power in the capital after 27 years, while the Aam Aadmi Party (AAP) secured 22 seats. A party that wins more than the halfway mark of 35 seats can form the government.

AAP leaders Arvind Kejriwal and Manish Sisodia lost their seats to BJP candidates. The BJP's campaign focused on financial assistance for women and senior citizens, subsidies on essential goods, and infrastructure development. AAP's vote share declined by approximately 10% compared to the previ...