Exit Polls to Vex Indian Markets as Majority Seen Eluding Modi

Exit Polls to Vex Indian Markets as Majority Seen Eluding Modi

Gold Silver Reports (GSR) – At least four exit polls, including Today’s Chanakya, which accurately predicted Modi’s victory in 2014 elections, showed the BJP as the single largest party winning anywhere between 95 to 120 seats in the 224-member Karnataka assembly. The incumbent Indian National Congress — also the main federal opposition party — is seen bagging 72 to 99 seats.                    

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Exit Polls Show Modi in Lead

Gold Silver Reports — Exit Polls Show Modi in Lead — India’s rupee strengthened to a four-month high after most exit polls showed Prime Minister Narendra Modi’s party ahead of its rivals to win power in Uttar Pradesh. Stocks fluctuated as investors stayed cautious before results of elections in the most politically crucial state.

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