The key domestic benchmarks are likely to witness
cautious trading today ahead of Delhi Assembly election results coupled with
muted cues from Asian peers after US market closed lower in overnight trade as
investors got worried about Greek development and disappointing Chinese economic
data. Back home, investors will closely eye on the Delhi election result which
will be declared today. According to exit polls, Arvind Kejriwal-led Aam Aadmi
Party (AAP) is set to form the government in the state of Delhi, marking the
first major setback for Prime Minister Narendra Modi since the BJP’s massive win
in the Lok Sabha Polls in May last year, and creating an air of policy
uncertainty in Asia’s third biggest economy.
