UP Congress gears up for 2022 Assembly polls

India stocks soar as polls point to Modi election win

India stocks soar as polls point to Modi election win

The Bharatiya Janata Party (BJP) will go to any extent to win the Lok Sabha polls, said former Union Minister and RLSP president here on Tuesday and accused the ruling party of indulging in "result-capturing" through allegedly fixed exit polls.

Indian Market analyst Akash Jindal opined India's positive GDP (Gross Domestic Product) growth has led to investors trusting Narendra Modi government, thus leading to positive growth in Indian stock markets.

BSE Sensex opened with a 900-point gap from Friday's close and the anticipated profit booking didn't upset the party as Sensex closed the day at 39,352.67, a gain of 1421.90 points or 3.75 per cent.

The state's specific results were not available for other exit polls, though most predicted big wins for BJP-led alliance in the North East.

External Affairs Minister Sushma Swaraj, who is on a visit to Kyrgyzstan for the SCO Foreign Ministers' meeting, also could not attend the meeting.

"Its Modi all the way, he is the right man for India", they said.

"Market has given a thumbs-up to exit poll numbers".

After the meeting, they met the EC and submitted a memorandum, demanding the tallying of votes of electronic voting machines with a paper trail of votes (VVPATs) of five randomly identified polling booths in an assembly segment before counting begins on Thursday.

Sources told Reuters the BJP would hold talks this afternoon with coalition partners on forming a government at its headquarters in New Delhi. "This time the Leader of Opposition will be from Congress party, this should be termed as Rahul Gandhi's success", the party added.

The BJP won a landslide victory in 2014 promising a pro-business platform, though its economic record since has been criticised.

The poll of polls, an aggregate of exit polls released just after voting concluded at 6 pm on Sunday, predicted that the NDA would sweep over 300 of the country's 543 parliamentary seats while the Congress and its allies manage around 120.

But Modi rallied his Hindu nationalist base and made national security a central theme of the campaign after a surge in tension with Pakistan in February following a suicide bomb attack in Indian-controlled Kashmir by Pakistan based militants.