The countdown for the Haryana assembly election results has begun. The results of Haryana and Jammu Kashmir will be declared on October 8. Initial trends will start coming from 9 am. However, before the results, the exit polls of all the agencies or news channels revealed news that gave a big shock to the BJP. Congress seems to be coming to power in Haryana this time. Whereas in Jammu and Kashmir, it seems to be coming to power in the elections held after 10 years.
The 90 seats of Jammu and Kashmir voted in three phases on September 18, 25, and October 1. The results of both elections will be declared on October 8.
In Jammu and Kashmir, the BJP is expected to win 20-25 seats while the National Conference-Congress alliance will bag 35-40 seats, according to the exit poll. The PDP will win 4-7 seats while others will win 12-16 seats as per the same exit polls.I
In Haryana, the Congress is projected to win a full majority with 50-58 seats in the 90-member assembly. This would be against a tally of 31 seats in the 2019 polls. The ruling BJP, which is looking for a hat-trick of wins in the state, is seen getting 20-28 seats, a drop from 40 seats in 2019.
MOFSL said that the stock markets appear to be experiencing a genuine tug-of-war between the headwinds and tailwinds. It noted that the monetary stimulus unleashed by China has sparked a wave of tactical FII outflows from India. Corporate earnings, after four consecutive years of healthy double-digit growth, are moderating due to pressures from commodities and fading tailwinds from BFSI asset quality improvements, it said.
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