As counting of votes begins for 824 assembly seats across West Bengal, Assam, Tamil Nadu, Kerala, and Puducherry, traders are bracing for potential volatility in the stock market. Analysts suggest that while the Bharatiya Janata Party (BJP) is projected to be the largest party in West Bengal with around 159 seats, the results may not significantly alter market dynamics, particularly in Assam, where continuity is expected. Investors are advised to focus on broader macroeconomic signals rather than political headlines. Key factors to monitor include crude oil prices, which are trading above $113 per barrel, and foreign fund flows, as foreign institutional investors have sold approximately ₹70,100 crore worth of equities in April alone. The Nifty index is anticipated to swing between 1% to 1.5%, depending on whether the final results align with exit polls. Overall, the market is expected to revert to global cues quickly after initial reactions to the election outcomes.