Indian markets set to surge as polls predict landslide victory for Modi’s BJP

Indian markets set to surge as polls predict landslide victory for Modi’s BJP

Indian markets are set to surge as exit polls predict a landslide victory for Narendra Modi.
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Indian markets are set to surge as exit polls predict a landslide victory for Prime Minister Narendra Modi's BJP in the recent elections. The anticipated majority could exceed 350 seats, calming investor jitters and driving gains in stocks, bonds, and the rupee. Analysts expect significant market rallies, especially in sectors favoured by BJP policies. Positive economic data and potential credit rating upgrades add to the optimistic outlook.

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By Alex Gabriel Simon and Chiranjivi Chakraborty

Indian stocks, bonds and the rupee are poised to climb on Monday after exit polls indicated a resounding victory for Prime Minister Narendra Modi's party in general elections that concluded Saturday.

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