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Nitish Kumar's decision to snap ties has come as a jolt to the Grand Alliance, or the 'Mahagathbandhan' as it was popularly known, but the markets will take this development as a long-term positive for the Narendra Modi - led National Democratic Alliance (NDA) government, feel analysts.Reacting to key domestic and global developments, the markets gained ground on Thursday, with the S&P BSE Sensex rallying nearly 220 points to 32,602 levels and the Nifty50 index gaining 66 points to 10,087 levels.In post market hours on Wednesday, Nitish Kumar quit as the Chief Minister of Bihar, ending the two-year old 'Mahagathbandhan' that included his party - the Janata Dal (United), or the JDU, Rashtriya Janata Dal's (RJD's) Lalu Yadav and the Congress. The move, analysts say, will be seen as a long-term positive by the markets and will strengthen the government's bargaining power in the Rajya Sabha, the Upper House of Parliament."The development will be a positive for the markets. A loss in ..