'I think the markets will move up given that there will be more money.'

'The recent US jobs report has eased fears of a hike in the Fed meeting.'

Analysts expect inflation to peak in the first half of 2016-17 and moderate, thereafter, on the back of positive impact of monsoons

'The market movement will be largely driven by earnings growth.'

Here's how brokerages across the country are interpreting the exit polls.

Analysts say markets to be impacted by monsoon, inflation trajectory.

Stock selection in India remain relatively low-beta given the lack of any conviction here on any near-term upturn in the investment cycle

Implementation of the Seventh Pay Commission recommendations, One Rank, One Pension are the other triggers going ahead, analysts say

Long-term investors can stay put in the markets, but should brace for volatility

'Equity investing should be for longer than a year's perspective.'

The markets will be eyeing the amendments.

'I am not optimistic about the global economy for the next couple of years.'

Though the developments are positive, analysts say the benefits will accrue only in the long run

After enduring volatility for the first two months of calendar year 2016 (CY16), global equity markets have recouped some of the losses in March. Jigar Shah, chief executive officer, Maybank Kim Eng Securities, believes the next triggers for the rally will come from a soft landing in China and no recession situation in the US.

Dhawal Dalal, executive vice-president & head, fixed income, DSP BlackRock Investment Managers, expects the central bank to hold rates for the rest of calendar year 2016.

Analysts expect the indices to dip further if the global macros do not stabilise

India remains an attractive destination and the recent sell-off has made valuations attractive in the large-cap space.

Given the developments, analysts do not foresee a quick recovery.

So, what does 2016 have in store for the Indian markets? Will they be able to take a giant leap forward in the leap year, and what are the key risks?