Some experts are attributing the strong rebound seen on November 22 to the share market factoring in the state election outcome being in-line with the exit poll findings.
The 10-year benchmark bond 7.10 percent 2034 opened at 6.9505 percent, as against 6.9809 percent close on May 31, while the rupee opened at 82.99 against the dollar on June 3
A notable aspect of this election in Maharashtra is the increase in major parties from four in the last election to six now, due to the rebellion in Shiv Sena in 2022 and NCP in 2023
For about a year now, it is the BJP's state president K Annamalai who has been going hammer and tongs at the DMK, more than even Edappadi Palaniswamy, the AIADMK leader.
As the Lok Sabha 2024 election results are awaited, these exit poll predictions offer valuable insights into the evolving political landscape and the potential trajectory of the Congress party.
The News18 Mega Exit Poll 2024 indicates significant gains for the BJP in Telangana, Andhra Pradesh, Karnataka, Odisha, and West Bengal, with potential setbacks in Haryana and Rajasthan.
A sustained market growth depends on the new government's implementation of significant reforms within the first 100 days
According to the News18 mega exit poll, the NDA is set to open its account in Kerala by bagging one to three seats, while the INDIA Bloc is likely to win 15 to 18 seats in Kerala.
The immediate share market reaction to the exit poll is expected to be positive, but the optimistic valuations hinge on significant reforms being announced post-election, says Nilesh Shah, MD of Kotak AMC.
Lok Sabha polls witnessed a tight contest between the INDIA bloc, comprising the Jammu & Kashmir National Conference (JKNC) and the Congress, and the NDA alliance led by the Bharatiya Janata Party (BJP).
According to an Exit Poll survey by S-GED, the TDP-JSP-BJP alliance is likely to win 139 of 175 Assembly seats in Andhra Pradesh. YSCRCP, on the other hand, could win 36
In terms of impact on the market, Raamdeo Agrawal believes that a strong mandate for the ruling BJP party will ensure that the valuation of the Indian stock market will double from the current $5 trillion
The News18 Mega Exit Poll 2024 has projected a strong performance for the Bharatiya Janata Party (BJP) across several key states in the upcoming Lok Sabha elections. According to the predictions, the BJP and its allies in the National Democratic Alliance (NDA) are poised to secure a substantial number of seats, while the INDIA bloc, consisting of various opposition parties, shows a mixed performance.
Haryana Lok Sabha Exit Poll 2024: The News18 Mega Exit Poll, expects the NDA to get 5-7 seats out of the total 10, while INDIA alliance led by the Congress party is expected to get in a range of 3-5 seats
Punjab Lok Sabha Exit Poll 2024: The News18 Mega Exit Poll expects the Congress to win 8-10 seats, the BJP 2-4 seats and the ruling AAP 0-1
Congress has decided not to participate in any Lok Sabha exit poll debates on the television channels and said it does not want to indulge in speculation and slugfest for TRP
"The results will be out on 4th June. Prior to that, we do not see any reason to indulge in speculation and slugfest for TRP," Pawan Khera said in a statement shared on X.