India vote count shows Modi alliance heading to majority but no landslide

NEW DELHI – India n Prime Minister Narendra Modi 's alliance was winning a majority of seats about halfway through the count in the general election on Tuesday, but the numbers were well short of the landslide predicted in exit polls, TV channels said.

The prospect of Modi having to rely on allies spooked markets with stocks falling steeply. The blue-chip NIFTY 50 was down 4.8% and the S&P BSE Sensex was down 4.7% at 0833 GMT.

At 0900 GMT, TV channels showed the NDA was ahead in nearly 300 of the 543 elective seats in parliament, where 272 is a simple majority, with about half the votes counted.They showed BJP accounted for under 250 of the seats in which the NDA was leading, compared to the 303 it won in 2019. However, politicians and analysts said it was too early to get a firm idea of the voting trends since counting still had some way to go.

However, if Modi's victory is confirmed even by a slim margin, his BJP and its allies will have triumphed in a vitriolic campaign in which parties accused each other of religious bias and of posing a threat to sections of the population. Bank of Baroda economist Sonal Badhan said the lack of a majority for BJP on its own could mean "some slowdown in policy decisions can be expected".

Election Narendra Modi Rahul Gandhi BJP Congress

پاکستان تازہ ترین خبریں, پاکستان عنوانات

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