After phased voting in India, counting of votes for Lok Sabha Elections 2024 is occurring beneath strict supervision. Inconclusive outcomes of 543 seats of Indian Lok Sabha have began coming. In response to preliminary outcomes, the BJP-led Nationwide Democratic Alliance (NDA) is main on 291 seats and the Congress-led opposition alliance ‘India Bloc’ is main on 234 seats, whereas different events have received 18 seats, BJP’s two The dream of getting a 3rd majority has been shattered.
When the counting started on Tuesday morning, Prime Minister Narendra Modi’s rival Congress candidate obtained the higher hand. The information despatched Indian inventory markets crashing. The Bombay Inventory Market’s benchmark Sensex index fell by 5,000 factors. 26 lakh crores of buyers have sunk.
The Indian foreign money additionally got here beneath extreme stress. The worth of the US greenback rose to Rs 83.52.
Modi is contesting from Varanasi. Opposite to expectations, Modi’s occasion has run into bother in UP. Though Modi got here out on prime within the recount a number of hours later, the election outcomes created a sensation.
Any occasion wants 272 seats to type the federal government in Indian Lok Sabha. However Modi had raised the slogan of ‘400 par’ and mentioned that he would type a authorities with a two-thirds majority to amend the structure.
If the Congress had received even 180 seats, Modi’s two-thirds majority would have been misplaced, however the Congress anticipated to win 295 seats and received solely 234. Congress leaders are claiming to type the federal government.
Congress and its ally Samajwadi Occasion have received 40 seats in UP, India’s major state of Uttar Pradesh. There are 80 Lok Sabha seats from UP and half of them have been received by the Congress-led alliance.
Equally, within the state of Maharashtra, the Congress alliance has been capable of win extra seats than the BJP following a very long time.
In Rajasthan, the Congress-led alliance wrested 10 seats from the BJP.
BJP has misplaced 8 seats in West Bengal.