Sebi, bourses enhance vigil after Gujarat exit polls

That the BJP is possibly retaining its bastion in Gujarat speaks of the formidable if questionable electoral charm of PM Modi
That the BJP is possibly retaining its bastion in Gujarat speaks of the formidable if questionable electoral charm of PM Modi
Author

16 December, 2017

According to India Today-Axis My India exit polls, the BJP is expected to get 99-113 seats in the crucial Gujarat Assembly elections, the actual results of which are scheduled to be declared on Monday, December 18.

This is likely to be a positive push for the Rahul Gandhi-led Congress party as it starts taking steps in the right direction under the new party leadership by denting the vote share of the ruling BJP in the home state of the party's star campaigner Narendra Modi. The Times Now-VMR exit poll also predicts a saffron party victory with 51 seats and only 17 for the Congress. While the Hindus in the state voted for the saffron party, the Muslims have shown their support for Congress by giving the party majority of the votes.

The second and final phase of the Gujarat elections were held on Thursday, with a 68.70% voter turnout.

Punters on Gujarat polls have predicted 100-103 seats for the BJP in its sixth consecutive victory in the state, while they tip Congress to gain 78-100 seats.

The forecast is that the BJP would win 99-146 seats in the 182-seat legislature, according to five surveys published after voting closed on Thursday. They were also unanimous in predicting that the BJP would win the polls in Himachal Pradesh.

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News X-CNX exit poll stated BJP might get 110-120 seats leaving 65 to 75 seats for the Congress and Others could get 2 to 4 seats.

In the outgoing 13th Gujarat Legislative Assembly, the BJP had 115 members and the Congress 43. This means if BJP gets 103+ seats than bookies will get Rs 35,000 surplus on a hedge bet of Rs 1 lakh and if the seats are less than 100 than Rs 1 lakh will be dissolved. There are a total of 68 seats in Himachal Pradesh, elections to which were held on November 9.

It must be noted that the Himachal polls weren't really fought on a single major issue, and the state has alternated between the BJP and the Congress in Assembly polls for three decades now, especially since 1985.

It seems BJP's Prem Kumar Dhumal will take over the mantle from incumbent CM Vijay Rupani in Gujarat. The BJP dominated Kutch region too.


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