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NEW DELHI: BJP faces a tough test in Bihar, <keyword id="1575" type="ORGANIZATION" weightage="80" keywordseo="Congress">Congress</keyword> stares at a saffron challenge in Maharashtra and regional outfits contend with turning pitches on 117 <keyword id="6355187" type="ORGANIZATION" weightage="40" keywordseo="Lok-Sabha">Lok Sabha</keyword> seats across 11 states and one union territory where polling is due on Thursday. 
 
The 2014 Lok Sabha polls will be more than half over after elections to 347 seats are complete after the sixth phase of voting, with the 84, 91 and 41 seats left in the remaining phases. 
 
BJP and Congress are squaring off in Maharashtra, Madhya Pradesh, Chhattisgarh and Rajasthan and state bosses like Trinamool chief Mamata Banerjee, AIADMK's J Jayalalitha and NCP leader Sharad Pawar are also slugging it out with their rivals. 
 
This phase will settle the fate of political biggies like SP chief Mulayam Singh Yadav and BJP leader Sushma Swaraj besides others like PDP’s Mehbooba Mufti, DMK's A Raja and Congress’s Mohammad Azharuddin. 
 
The political topography is a challenge to BJP and Congress which need to defend turfs while seeking fresh gains even as regional forces like SP, BSP, AIADMK and DMK look to do much the same, with the difference that some now see BJP as an unanticipated threat. 
 
All of 39 seats in Tamil Nadu and one seat of Puducherry will go to polls while elections will be over in major states like Maharashtra, Madhya Pradesh, Chhattisgarh and Rajasthan. In Maharashtra the populous bell weather Mumbai-Thane-Kalyan belt will vote along with northern areas and Raigad. 
 The contests in Mumbai are keen, with Shiv Sena-BJP hoping to snatch seats from Congress-NCP riding on an anti-UPA wave and the diminished presence of <keyword id="6355257" type="PERSON" weightage="40" keywordseo="Raj-Thackeray">Raj Thackeray</keyword>'s MNS. 
 
 
 
 
Tamil Nadu is a fascinating mosaic, with front runner AIADMK losing some steam while DMK reportedly making a comeback of sorts and BJP’s unlikely alliance with DMDK, MDMK and PMK emerging as a force on its own. 
 In Bihar, a virtual eclipse of <keyword id="123462" type="ORGANIZATION" weightage="40" keywordseo="Janata-Dal">Janata Dal</keyword> (U) poses problems for BJP with the fight appearing bi-polar in the five seats in Seemanchal and two that fall outside the region. There is a sizeable Muslim population in all seats and though BJP has been winning Araria, Purnea, Katihar and Bhagalpur, it now faces elections on its own. RJD boss Lalu Prasad and Congress seem to be back in the reckoning in the state. 
 
Mulayam Singh Yadav defends his base of Etah-Mainpuri-Etawah, areas where he must score to check a resurgent BJP with reports from 21 seats in western UP and Rohilkhand indicating gains for the saffronites. 
 
Though support for BSP is harder to gauge, SP’s main regional rival seems to be feeling the heat with religious polarisation post Muzaffarnagar riots making several contests primarily BJP versus SP affairs. 
 For BJP, the stakes continue to be high with its prime ministerial candidate <keyword id="6354477" type="PERSON" weightage="40" keywordseo="Narendra-Modi">Narendra Modi</keyword> campaigning hard, addressing rallies in Hardoi, Etah, Firozabad and Mathura on Monday hoping for significant gains. 
 
The Jat vote is a factor in just as Yadavs are expected to rally behind SP while Akbarpur has sent BSP chief Mayawati to Lok Saba twice, most recently in 2004. 
 
In Rajasthan, prestigious Jat-influenced seats like Alwar and Bharatpur are due to poll along with constituencies like Tonk, Dausa and Sawai-Madhopur. 
 
In Chhattisgarh, urbanising seats like Durg, Raipur and Bilaspur will be voting with Congress hoping to loosen BJP's seeming stranglehold. 
 In West Bengal, Abhijeet Mukherjee, son of President <keyword id="6359124" type="PERSON" weightage="40" keywordseo="Pranab-Mukherjee">Pranab Mukherjee</keyword>, is facing an uphill battle, with Murshidabad presenting the only bright spot for the party. 
 In Assam constituencies like Kokrajhar, that witnessed fierce rioting, and capital Guwahati are going to polls. In Madhya Pradesh, BJP veterans like Sumitra Mahajan (Indore) and Sushma Swaraj (Vidisha) will seek re-election besides Congress's Meenakshi Natarajan, seen to be close to <keyword id="5268" type="PERSON" weightage="40" keywordseo="Rahul-Gandhi">Rahul Gandhi</keyword>, from Mandsaur.

Lok Sabha Polls: Voting In 117 Seats Today; Congress Faces Saffron Challenge

The complete list of Chief Ministers in India for 2024

<ul><li>Stock market will give a thumbs up to the outcome as investors are betting Modi getting a clear majority in 2024 too.</li><li>The results of assembly polls in four states - <keyword id="43945" type="General" weightage="100" keywordseo="chhattisgarh" source="Orion">Chhattisgarh</keyword>, Madhya Pradesh, Rajasthan and Telangana- are being considered as the semifinal before the Lok Sabha polls which are scheduled for 2024.</li><li>Morgan Stanley forecasts a 14% upside to the BSE Sensex by December 2024 in their base case scenario. This is based on assumptions of continuity in the government with a majority mandate, stable policy, robust domestic growth, and benign oil prices.</li></ul>Santa Claus may visit Dalal Street well before Christmas this December, as the Bharatiya Janata Party delivered a hattrick on Sunday. The ruling BJP has demonstrated that it still has the pulse of the people in the Hindi heartland, despite the conflicting views that came from psephologists. Even before all the rounds of counting were over, spokespersons of the party called the elections and celebrations kicked off in Rajasthan, Madhya Pradesh and even Chhattisgarh. By the time when the final vote count was over, around 9:00 pm, BJP had won all the three states. Congress had a consolation win in Telangana. It is noteworthy, that these elections are were the last before Lok Sabha polls which are scheduled for 2024 and were thus being seen as semifinal of sorts. While exit polls showed a tight contest between BJP and the Congress in Rajasthan and Madhya Pradesh, the Congress Party was expected to return to power in Chhattisgarh. However, BJP’s election machinery yet again pulled off a hattrick, with the Hindu right wing party storming to power in MP, Rajasthan and Chhattisgarh. The outlook for India's stock market is expected to be positive ahead of the New Year (2024) but the journey may be volatile given that general elections are around the corner. According to Morgan Stanley, the market is likely to price in continuity and a majority government, leading to a rise in equities. Several factors contribute to this positive outlook, including strong macro stability, forecasted earnings growth, and a reliable source of domestic risk capital. Morgan Stanley forecasts a 14% upside to the BSE Sensex by December 2024 in their base case scenario. This is based on assumptions of continuity in the government with a majority mandate, stable policy, robust domestic growth, and benign oil prices. They expect BSE Sensex earnings to compound at a rate of 21.5% annually through F2026E. However, the analysis also acknowledges the potential for volatility in 2024, which is evident in their bull-bear scenarios. Rajasthan: BJP makes a comeback The Bharatiya Janata Party is returning to power in Rajasthan having won 115 seats, as per the Election Commission of India. There are 199 Assembly seats in Rajasthan, and the halfway mark is 100. The Congress was in the incumbent party in the state. The beating of drums and dancing by BJP workers started early in Jaipur as official EC trends showed the party build lead. Rahul Gandhi-led Congress won 69 seats. Former chief minister and BJP leader Vasundhara Raje won from the Jhalrapatan seat. Among the other BJP candidates who won were Diya Kumari from Vidhyadhnagar, Rajyavardhan Singh Rathore from Jhotwara, Samaram from Pindwara Abu, Govind Prasad from Manohar Thana, Jaswant Singh Yadav from Behror, Mahendra Pal Meena from Jamwa Ramgarh, Anita Bhadel from Ajmer South, and Madan Dilawar from Ramganj Mandi. The Congress candidates who secured victory included Chief Minister Ashok Gehlot from Sardarpura, Sachin Pilot from Tonk, Shanti Dhariwal from Kota North, Tikaram Jully from Alwar Rural, and Anita Jatav from Hindaun. Madhya Pradesh: BJP returns The ruling BJP looks on course to retain power in Madhya Pradesh. As per the latest figures available with the Election Commission, the BJP was leading in 163 of the 230 seats in Madhya Pradesh, while the Congress was ahead in 66 seats. Many party leaders attributed the electoral success to PM Narendra Modi, who addressed as many as 14 poll rallies in the state. The state Congress office bore a deserted look. MP Congress president Kamal Nath and senior party leader Digvijaya Singh were in the office, holding discussions with party functionaries. In Budhni assembly constituency, Madhya Pradesh CM Shivraj Singh Chouhan of BJP defeated Vikram Sharma of Congress by over 1 lakh votes. Polling in the single-phase elections on November 17 saw an impressive turnout of 77.82 per cent, surpassing the 2018 voting percentage of 75.63 per cent. The state electorate voted for 2,533 candidates in 230 constituencies. There were 5.59 lakh eligible voters. Chhattisgarh: BJP back in power Chhattisgarh, witnessed a close fight between Bharatiya Janata Party and the ruling Congress party in the early hours of counting, as per the trends by the Elections Commission of India. The BJP crossed the halfway mark by winning 54 seats Out of the total 90 constituencies, the Congress won 35 seats The Gondwana Gantantra Party (GGP) bagged one seat, as per the Election Commission. In the 2018 assembly polls, the Congress had won 68 seats and the then ruling BJP 15. The Janata Congress Chhattisgarh had won five segments. Much ahead of the elections this year, the Congress declared that the state would procure 20 quintals of paddy per acre from farmers in this kharif season. During electioneering, it promised loan waiver to farmers, also made by it in 2018. BJP's promises included procurement of 21 quintals of paddy per acre at Rs 3,100 per quintal, annual financial assistance of Rs 12,000 to married women under the 'Mahtari Vandan Yojana', construction of 18 lakh houses under 'PM Awas Yojna', tendu leaf procurement at Rs 5,500 per standard sack and bonus of Rs 4,500 to leaf collectors and annual assistance of Rs 10,000 to landless farm labourers. (With inputs from ANI and PTI) Also Read <a href="https://www.businessinsider.in/stock-market/markets/news/nifty-sensex-set-to-jump-14-in-2024-as-market-bets-on-a-majority-government/articleshow/105409480.cms">Dalal Street set to jump 14% in 2024 as it bets on a majority government, says Morgan Stanley</a>

Santa Claus Rally may hit markets early as BJP storms to power in Hindi Heartland

New Delhi, Apr 17 () CPI(M) General Secretary Sitaram Yechury on Friday alleged that the Narendra Modi government delayed announcement of the COVID-19 lockdown so that the BJP government in Madhya Pradesh can be sworn in.Just 15 months after losing power, BJP leader Shivraj Singh Chouhan took oath as chief minister of Madhya Pradesh on March 23, a day before PM Modi announced a nationwide lockdown to curb the spread of the pandemic."Knowing full well that the pandemic is galloping, Modi delayed the lockdown for swearing in its govt in MP (Madhya Pradesh). BJP's lust for power has exposed millions to become victims. Its insatiable, unprincipled greed is directly responsible for this worsening public health emergency," Yechury tweeted.He also appealed to the government to conduct more tests for COVID-19.In another tweet, the CPI(M) leader said, "Eighty-nine days after the first case was detected in India, we are still not testing enough. Govt must stop making excuses, for it is clear that a lockdown will only work with much higher and aggressive testing, especially in some of our most populous states."Yechury also slammed the Mamata Banerjee-led government in West Bengal, saying transparency was needed while addressing a public health emergency."A public health emergency needs transparency and honest communication. By abandoning these fundamental principles, the TMC govt in Bengal has put lives of millions at risk," he said in a tweet.CPI(M) leader Fuad Hakim has moved court seeking data on the number ofcoronavirus cases and fatalities in West Bengal.According to the Union Health Ministry, the death toll due to coronavirus rose to 437 and the number of cases to 13,387 in the country on Friday. ASG NSD

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Lok Sabha Polls: Voting In 117 Seats Today; Congress Faces Saffron Challenge

Times Of India

The complete list of Chief Ministers in India for 2024

BI India Bureau

Santa Claus Rally may hit markets early as BJP storms to power in Hindi Heartland

BI India Bureau

Lockdown announcement delayed so that in MP BJP govt can be sworn in: CPI(M)

PTI

Check out the winning candidate list from MP Lok Sabha Seats

BI India Bureau

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