How did the victory in the battle of Panipat affect the balance power?

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It was a great morale booster to the Marathas. It established their supremacy in northern India. The influence of Bhau Saheb and Vishwas Rao increased. The East India Company postponed its expansion programme. Vishwas Rao and his brother Madhav Rao had political sharpness and bravery. The company’s influence was reduced to small areas near Bombay, Calcutta and Madras.

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