As of 11:40 AM, the Bharatiya Janata Party (BJP) is leading in 154 seats against the ruling Trinamool Congress (TMC) in the West Bengal elections, indicating a potential regime change. This political shift could significantly impact stocks of several companies headquartered in West Bengal. Notably, Bandhan Bank, which reported strong quarterly results, saw its share price increase nearly 7% to reach a new 52-week high of ₹212.66 on the National Stock Exchange (NSE). Other companies like Calcutta Electric Supply Corporation (CESC) and major FMCG firms such as ITC and Emami are also under scrutiny as investors react to the election results. However, analysts caution that while the election results may create short-term market movements, the long-term trends will likely be influenced more by global crude oil prices and geopolitical developments. VK Vijayakumar, Chief Investment Strategist at Geojit Investments, emphasized that today's market behavior might be overly affected by the election outcomes, but the broader market dynamics will prevail in the long run.