Rajasthan election updates: In the Rajasthan assembly polls, the Bharatiya Janata Party (BJP) surged ahead with a lead in nearly 100 seats, crossing the halfway mark, while the Congress was ahead in 77 seats, as per early Election Commission trends. Chief Minister Ashok Gehlot and Congress ministers led, while BJP rebels, including Yoonus Khan, were among the independent candidates leading.
All eyes are on who will become the chief minister, especially since the BJP’s central leadership has fielded many Lok Sabha MPs. Wresting power from Congress is expected to be a significant boost for it.
The Congress, which is in power in Rajasthan and Chhattisgarh, and the BJP, which is ruling Madhya Pradesh, are locked in a straight fight in these three states, while K Chandrashekhar Rao-led Bharat Rashtra Samithi (BRS) is hoping for a hat-trick in Telangana.
The US 10-year bond yield and the dollar index are also cooling off, which gives strength to the market. These factors will be closely monitored, as they have the potential to influence market sentiment,