Amidst the backdrop of the Bharatiya Janata Party’s triumphant win in key states, the stock market surged, reflecting the optimistic investor sentiment following the recently concluded Assembly elections. The Sensex and Nifty kicked off at unprecedented levels, with the Sensex marking a soaring start, trading over 1,000 points higher, while the Nifty surged by 300 points.
The Election Commission of India declared the BJP's substantial victories, securing 163 of the 230 seats in Madhya Pradesh, 115 of 199 seats in Rajasthan, and 54 of 90 seats in Chhattisgarh. In a notable win for the Congress, the party claimed Telangana, securing 64 of the 119 seats.
Addressing the nation via X, Prime Minister Narendra Modi expressed gratitude to the voters in Madhya Pradesh, Rajasthan, and Chhattisgarh for their unwavering support. Promising to continue the trajectory of development, PM Modi hailed the BJP's triumph in the Hindi heartland as a definitive assurance of the party's success in the upcoming 2024 Lok Sabha elections. He also extended thanks to the people of Telangana, affirming the party's unwavering bond with the state and expressing optimism for its further strengthening in the future.
