New Delhi, Feb. 8 -- After the stellar show by the Bhartiya Janata Party (BJP) in the Delhi Assembly Elections 2025, the Indian stock market may react positively when it re-opens on Monday. Indian equities continued their upward momentum for the second consecutive week, with the Nifty50 advancing by 0.33% to close at 23,559.95 and the BSE Sensex rising 0.46% to settle at 77,860.

The positive sentiment was largely driven by improved domestic outlook post the Union Budget 2025 and a temporary suspension of import tariffs on Canada and Mexico by U.S. President Donald Trump.

However, subdued Q3 corporate earnings, persistent weakness in the Indian rupee, and sustained FII outflows weighed on the market. From a technical perspective, the Nif...