Exit polls predict a decisive Modi win, causing India stocks to reach record intraday highs.
- Over the weekend, local exit polls indicated that Prime Minister Narendra Modi and his Bharatiya Janata Party-led alliance were likely to secure a third consecutive term in power.
- According to NDTV's exit poll summary, the BJP-led National Democratic Alliance is predicted to win approximately 365 seats in the lower house of India's parliament.
On Monday, stock gauges in India reached new intraday highs, with the Nifty 50 index increasing by approximately 3% and the S&P BSE Sensex Total Return index rising about 2.6%.
Over the weekend, local exit polls indicated that Prime Minister Narendra Modi and his Bharatiya Janata Party-led alliance were likely to secure a third consecutive term in power.
According to NDTV's exit poll summary, the BJP-led National Democratic Alliance is predicted to win approximately 365 seats in the lower house of India's parliament.
Exit poll projections may not accurately predict the final results, which are expected on Tuesday.
Markets
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