DBT Bureau
Bengaluru, 1 June
Most exit polls have predicted the return of the ruling BJP-led NDA block to power, making Narendra Modi Prime Minister of India for a third consecutive term.
After the closing of seven phases of elections on Saturday, exit polls conducted by several agencies suggested that the NDA block is likely to get a majority.
If the exit poll trends turn out to be true, then Modi will be the second Prime Minister to be at the helm for the third time after India’s first PM, Jawaharlal Nehru
A party or coalition requires 272 seats out of 547 to form a government.
As per the exit polls conducted by Republic TV- PMARQ, NDA is likely to win 359 seats while Jan ki Baat has projected that NDA would win 362-392 seats this time.
The News Nation survey shows that NDA is winning 342-378 seats, and Republic Bharat- Matrize numbers forecast that NDA will win 353-368 seats in the 2024 Lok Sabha polls. Another poll conducted by India Today-Axis My India predicted that the ruling coalition is likely to win more than 361 seats in the just concluded Lok Sabha elections.
All exit polls suggested that the BJP-led NDA is expected to gain large number of seats in South and Eastern states, in which it has bagged less seats in the last elections. Most of the gains is predicted in eastern states of West Bengal and Odisha. The saffron party is also likely to make some inroads in the southern states of Tamil Nadu and Kerala in these elections.
The counting for Lok Sabha elections will be done on June 4 (Tuesday), when the real mood of voters will be known.
Will stock market react?
Indian indices have seen volatility in recent weeks with a fall in last week’s trade. Investors are nervous about the outcome of the general elections, which will provide future direction to the market. Both NSE and BSE are trading near their all-time high zones and many say, the re-election of the Modi government may give further momentum.
