Though the market reaction to state elections is usually short-lived, three wins give a strong underlying message. Structural factors support a near-term rally as well
India News: NEW DELHI: The BJP was able to carry out a major upset in Chhattisgarh on Sunday after easily snatching power in the state, which most exit polls had .
Assembly Election Results 2023 Live Updates: The Assembly polls are being billed as a semi-final of the 2024 Lok Sabha polls. Both the BJP and the Congress had framed issues with the general elections in mind.
Exit polls have predicted that the Congress could retain power in Chhattisgarh and oust the BRS in Telangana. While most of the pollsters gave a clear edge to the BJP in Madhya Pradesh, they differed in the outcome for Rajasthan. Mizoram could be headed for a hung Assembly.