Outcome and analysis of this election

All political parties are celebrating as per TV visuals. Innocent citizen - “I don’t know, who is winning”

I am positive about the results due to various reasons 1. One party not having full majority means the there will be speakers and key ministries from alliance partners. Power won't get centralised to single individual. 2. Since the loksabha speaker will be from an alliance partner, it will be harder to arbitrarily suspend opposition members to pass the bills. 3. Corporates will start funding opposition parties as well and the competition will be in more level playing field. 4. The government will be forced to have real discussions in parliament due to not having a full majority. This will strengthen the parliamentary democracy.

Now that the second phase of the election is done and dusted, do we see a change in sentiment? I am hopeful for the NDA to form the government, and because of that, I've bet almost all my savings in stocks and MF (haven’t taken any leverage though). But if the results come otherwise, the market will crash like hell, maybe by 20% for sure in the short term. I'm putting this here as we have a very diverse community from all over India.

All the exit polls show a clear win for NDA. BJP has done outstanding work. It has entered the southern states as well as per the exit polls.

Looks like exit polls failed to sense the ground reality. How you think results are converging? Except CG, Telangana, I feel the picture is clear.

Ref link - https://www.businesstoday.in/markets/market-perspective/story/buy-before-june-4-amit-shah-says-buy-stocks-what-share-market-analysts-say-429328-2024-05-13?utm_source=btweb_story_share