Market News
12 min read | Updated on June 01, 2024, 22:21 IST
SUMMARY
Exit polls 2024: The surveys released by Today's Chanakya, C-Voter, ETG, Jan Ki Baat, P Marq, D-Dynamics, India TV-News, Matrize, News Nation and Dainik Bhaskar predict the BJP-led NDA to retain power with a solid majority. The aggregate of these exit polls shows the NDA likely winning 361 out of the total 543 seats, whereas, the INDIA coalition is seen as a distant runner-up with 145 seats.
Voters lined up to register their mandate. The final phase of the Lok Sabha elections was held today, on June 1 (Image: PIB)
The poll of 10 major exit polls released so far predicts a hat-trick for the BJP-led NDA, with the coalition likely winning 366 seats. The Opposition INDIA bloc is expected to win 144 seats, as per the poll of polls. Others or the non-aligned parties could cumulatively bag 43 constituencies.
Agency | BJP-led NDA | Cong-led INDIA | Others |
---|---|---|---|
Jan Ki Baat | 362-392 | 141-161 | 10-20 |
News Nation | 342-378 | 153-169 | 21-23 |
Matrize | 353-368 | 118-133 | 43-48 |
P MARQ | 359 | 154 | 30 |
Dainik Bhaskar | 281-350 | 145-201 | 33-49 |
D-Dynamics | 371 | 125 | 47 |
IndiaTV-CNX | 371-401 | 109-139 | 28-38 |
ABP News-C Voter | 353-383 | 152-182 | 4-12 |
Times Now-ETG | 358 | 152 | 33 |
Today's Chanakya | 400 | 107 | 36 |
Total | 366 | 144 | 43 |
According to Today's Chanakya, the BJP-led NDA is expected to win 400 seats, with BJP accounting for 335 (±15) out of it. The Congress, as per the survey, is expected to win 50 (±11) seats. The INDIA coalition is likely to win 107 (±11) seats.
As per the Times Now-ETG survey, the BJP-led NDA is expected to retain power with 358 seats. The INDIA bloc, led by the Congress, could win 152 seats, it said.
The BJP-led NDA is expected to win 353-383 seats, according to ABP News-C Voter exit poll. The INDIA coalition is likely to bag seats in the range of 152-182 constituencies.
The poll of seven major exit polls shows the BJP-led NDA winning 361 seats, whereas, the Congress-led INDIA trailing with wins in 145 seats.
Agency | BJP-led NDA | Cong-led INDIA | Others |
---|---|---|---|
Jan Ki Baat | 362-392 | 141-161 | 10-20 |
News Nation | 342-378 | 153-169 | 21-23 |
Matrize | 353-368 | 118-133 | 43-48 |
P MARQ | 359 | 154 | 30 |
Dainik Bhaskar | 281-350 | 145-201 | 33-49 |
D-Dynamics | 371 | 125 | 47 |
IndiaTV-CNX | 371-401 | 109-139 | 28-38 |
Total | 361 | 145 | 37 |
The BJP-led NDA is expected to win 62-66 seats in Uttar Pradesh, whereas the INDIA coalition, which comprises Samajwadi Party and Congress in the state, could bag 15-17 seats, as per the ABP News-C Voter exit poll.
Today's Chanakya exit poll has predicted the BJP to win 24 (±5) seats, whereas it sees the Trinamool Congress (TMC) is expected to win 17 (±5) seats. The Congress-Left combine could win one constituency.
The ABP News-C Voter survey predicts the INDIA bloc parties to win 23-25 seats in Maharashtra, whereas the BJP-led NDA could bag 22-26 constituencies.
The BJP-led NDA is expected to win 33 out of the 48 seats in Maharashtra, as per Today's Chanakya. The prediction has a margin of ±5 seats.
The INDIA coalition in the state, that comprises Congress, NCP (SP), and Shiv Sena (UBT), may win 15 (±5) seats.
The BJP is expected to win 21-23 seats in Rajasthan, whereas the Congress is expected to win 2-4 seats, as per the ABP News-C Voter survey. The state has a total of 25 parliamentary constituencies.
The BJP is expected to win 13-15 seats in Bihar, and allies JD((U) and LJP are likely to bag 9-11 seats and 4-6 seats, respectively, as per the India Today-Axis My India exit poll. Within the Opposition INDIA bloc, the RJD is likely to win 6-7 seats, and the Congress 1-2.
The BJP-led NDA is expected to return to power with a brute majority of 342-378 seats, as the News Nation exit poll. The survey sees Congress-led INDIA restricted at 153-169.
Coalition | Seats |
---|---|
BJP-led NDA | 342-378 |
Congress-led INDIA | 153-169 |
Others | 21-23 |
Total | 543 |
The BJP-led NDA may win 281-350 seats, which is above the halfway majority mark of 272 seats, as per the Dainik Bhaskar survey. The Congress-led INDIA is expected to bag 145-201 constituencies, it said.
Coalition | Seats |
---|---|
BJP-led NDA | 281-350 |
Congress-led INDIA | 145-201 |
Others | 33-49 |
Total | 543 |
The NDA is expected to win 21-25 parliamentary seats in Andhra Pradesh, as per the ABP News-C Voter exit poll. The constituents of the alliance include the BJP, TDP and Jana Sena. The maximum seats are expected to be bagged by the Chandrababu Naidu-led TDP.
Coalition | Seats |
---|---|
NDA | 21-25 |
YSRCP | 0-4 |
Congress | 0 |
Total | 25 |
BJP is expected to win 20-22 seats in Karnataka, according to the India Today-Axis My India survey. Its alliance partner JD(S) may bag 3 constituencies, whereas Congress may win 3-5 seats, the poll showed.
Party | Seats |
---|---|
BJP | 20-22 |
JD(S) | 3 |
Congress | 3-5 |
Total | 28 |
The poll of polls, based on the aggregate of four exit poll outcomes shared so far, indicates that the BJP-led NDA may 365 seats. The Congress-led INDIA is expected to be restricted to 142 seats.
Coalition | Seats |
---|---|
BJP-led NDA | 365 |
Congress-led INDIA | 142 |
Others | 36 |
Total | 543 |
The NDA is expected to retain power with 353-368 seats, whereas the INDIA bloc is likely to lag behind with 118-133 seats, as per the Republic Bharat-Matrize poll.
The BJP-led NDA is expected to retain power with 362-392 seats, as per the Jan Ki Baat survey. The Congress-led INDIA bloc is likely to be restricted to 141-161 seats.
Coalition | Seats |
---|---|
BJP-led NDA | 362-392 |
Congress-led INDIA | 141-161 |
Others | 10-20 |
Total | 543 |
The BJP-led NDA could win 2-3 seats in the coastal state of Kerala, showed the India Today-Axis My India survey. The Congress-led UDF is expected to bag 13-14 out of the total 20 seats, whereas the CPM-led LDF could win 4 constituencies, it claimed.
Coalition | Seats |
---|---|
BJP-led NDA | 2-3 |
Congress-led UDF | 13-14 |
CPM-led LDF | 4 |
Total | 20 |
The NDA is set to win a third consecutive term, with 359 seats, which is well above the halfway majority mark of 272 seats. The Congress-led INDIA bloc is expected to be restricted to 154 seats.
Coalition | Seats |
---|---|
BJP-led NDA | 359 |
Congress-led INDIA | 154 |
Others | 30 |
Total | 543 |
The BJP-led NDA will retain power with 371 seats, whereas the INDIA coalition would be restricted to 125 seats, India News-D-Dynamics survey.
Coalition | Seats |
---|---|
BJP-led NDA | 371 |
Congress-led INDIA | 125 |
Others | 47 |
Total | 543 |
The Congress-DMK combine, which is part of the INDIA bloc, will win 33-37 out of the 39 seats of Tamil Nadu, as per the India Today-Axis My India exit poll. The BJP is predicted to win 1-3 seats, whereas the AIADMK could bag 0-2 seats.
Coalition | Seats |
---|---|
BJP | 1-3 |
Congress-DMK | 33-37 |
AIADMK | 0-2 |
Total | 39 |
Exit poll outcomes will be released from 6:30 pm onwards. Stay tuned here for the latest updates. The predictions hold significance for the stock market, which is considered vulnerable to the impact of general elections. Investors have been consistently following the elections, as a change in status quo may lead to market volatility.
"Even as 7th Phase of polling in General Elections 2024 wraps up, Commission thanks all stakeholders: voters, polling personnel, security forces, media and political parties," the spokesperson of the Election Commission of India tweeted.
In 2019, the BJP-led National Democratic Alliance (NDA) retained power, with Prime Minister Narendra Modi being awarded with a second term. Here's the seat-wise breakdown of the last general election results:
Here are some of the major exit poll outcomes will remain in focus:
The outcomes of exit polls conducted by news channels, in coordination with research agencies, will be released shortly.
The official timing of voting for the seventh and final phase of Lok Sabha polls has concluded. The polls were to be held between 7 am and 6 pm. However, those voters who were queued up by 6 pm will be allowed to register their mandate.
Exit polls or the post-election surveys, that will predict the results of Lok Sabha elections 2024, are set to be released from 6:30 pm onwards. The outcome of these surveys will keep market investors and analysts hooked as it could have an impact on the bourses on Monday.
The exit polls will be released following the conclusion of seven-phase Lok Sabha elections, that began on April 19 and concluded on June 1. The official results will be declared by the Election Commission on June 4.
Notably, the exit polls are prepared and released by research agencies, in coordination with media houses. The surveys will involve meticulous calculations, and are primarily based on the answers received to the questionnaire distributed among voters after they registered their mandate.
The responses to the questionnaires were collected by the surveyors after the conclusion of each round of voting. The polls were held in seven rounds, starting from April 19 and ending on June 1.
Apart from being an academic exercise for political observers and analysts, exit polls hold significance for the stock market, which is considered vulnerable to the impact of general elections. Investors have been consistently following the elections, as a change in status quo may lead to market volatility.
While the actual results will be out on Tuesday, June 4, the exit polls are expected to have an impact on the performance of the benchmark indices on Monday, June 3.
If the exit polls suggest an outcome that is contrary to the market expectations, then notable movements could be noticed in the performance of benchmark indices on Monday, analysts said.
Notably, incumbent Prime Minister Narendra Modi is seeking a third consecutive term in power. His party, the BJP, is leading the National Democratic Alliance (NDA) which is pitted against the Indian National Developmental Inclusive Alliance (INDIA) – an amalgam of several Opposition parties.
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