Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

Mumbai: Indian stock markets rallied on Monday after the <keyword id="20032950" type="General" weightage="20" keywordseo="BJP-led-government" source="keywords">BJP-led government</keyword> secured a majority in the latest state elections in Maharashtra. The <keyword id="20641216" type="General" weightage="100" keywordseo="Nifty-50" source="keywords">Nifty 50</keyword> index gained more than 1.45 per cent or 346.30 points to open at 24,253.55 points, while the BSE <keyword id="19896382" type="General" weightage="20" keywordseo="Sensex" source="keywords">Sensex</keyword> index surged 1,076 points or 1.36 percent to open at 80,193.47 points. Experts noted that the election results have an impact on the markets today, and if past trends are followed, the markets may witness some rally amid the return of the BJP in the Maharashtra state elections. <keyword id="20161891" type="General" weightage="20" keywordseo="Ajay-Bagga" source="keywords">Ajay Bagga</keyword> Banking and Market Expert stated that "The just concluded elections in Maharashtra, the results of which were declared on November 23rd, will have a positive immediate impact on the stock markets. The landslide win for the BJP lead coalition in the Maharashtra state elections could lead to a short-term boost to the Indian stock markets which have been in a declining mode" He further added "Investors will interpret this mandate as favourable for the capex and infrastructure push that is ongoing in Maharashtra. The beneficiary sectors of this election are industrials, infrastructure, manufacturing, real estate and financials". In the sectoral indices on the National Stock Exchange, <keyword id="20065014" type="General" weightage="20" keywordseo="Nifty-Realty" source="keywords">Nifty Realty</keyword> and <keyword id="19941314" type="General" weightage="20" keywordseo="Nifty-PSU-Bank" source="keywords">Nifty PSU Bank</keyword> rallied with a surge of more than 2 percent, while other major indices also gained more than 1.5 per cent, including Nifty Metal, Nifty Media, and Nifty Oil &amp; Gas. In the Nifty 50 list, 49 stocks gained during the opening session, while only one stock declined. Shri Finance opened as the top gainer in the Nifty 50. The shares of the AdGroup also surged around 2 percent at the time of filing this report. <keyword id="19967296" type="General" weightage="20" keywordseo="Adani-Green" source="keywords">Adani Green</keyword> also climbed around 4 percent. "We are most likely to break the falling 20-day average that lies at 24,030, which will be the first time that'd happen since the record high of 27th September. Seasonality trends between now and the end of the year have been historically positive, with the Nifty rising 80% of the time during this period with an average return of over 4 per cent" Akshay Chinchalkar, Head of Research, Axis Securities. In other Asian markets, Japan and South Korea indices rallied. The Nikkei 225 index surged more than 1.5 percent, South Korea's Kospi also rose by 1.5 percent, Taiwan's Weighted Index was up by 0.48 percent, while Hong Kong's Hang Seng index was down marginally by 0.14 percent at the time of filing this report.

Nifty, Sensex rallied around 1.5 % after Maharashtra election results, Experts noted short term rally

In a recent notification, the <keyword id="20004725" type="General" weightage="100" keywordseo="NSE" source="keywords">NSE</keyword> (National Stock Exchange) noted that markets will remain closed on Wednesday, November 20, 2024, on account of state elections taking place in Maharashtra. However, <keyword id="19895774" type="General" weightage="20" keywordseo="BSE" source="keywords">BSE</keyword> has issued no notification on this matter so far. However, given how both the exchanges largely operate in sync, BSE is likely to declare a holiday as well. Before the elections, both BSE and NSE will be shut for trading on November 15 as well, on account of <keyword id="23718443" type="General" weightage="20" keywordseo="Guru-Nanak-Jayanti" source="keywords">Guru Nanak Jayanti</keyword>. Next month, the bourses will remain closed for regular trade on Christmas, i.e., December 25. Earlier this week, Brihanmumbai Municipal Corporation (BMC) mandated that all businesses and workplaces in Mumbai should grant paid leave on November 20, 2024, to all its employees so that they can participate in state elections. Failure to do so could mean penalties for employers. All the 288 states in the Maharashtra state assembly are set to go to polls in a single phase on November 20. <h2>Markets close the week on muted note </h2>Both Nifty and Sensex closed the week on a damp note, with Nifty dipping 0.21% to close at 24,148.20 points. On the other hand, Sensex also slipped below the 80,000 mark to close the week at 79,486.32 points. Of the 50 stocks that constitute Nifty, 23 stocks advanced during the day, while 27 saw declines. However, this week has not been all that bad for the markets, with Nifty rising 0.31% and Sensex inching up 0.65% during the last 5 days. All broad market indices fell during today's trade, with smallcaps falling by over 1.5%, while midcaps also closed the day over 1% down. As for sectoral indices, most of them ended the week in reds, with realty and media losing over 2% during trading today. Pharmaceuticals, healthcare, and consumer durables recorded marginal upticks during the day, inching up by 0.07%, 0.22%, and 0.41%, respectively. FIIs (<keyword id="19932515" type="General" weightage="20" keywordseo="foreign-institutional-investors" source="keywords">foreign institutional investors</keyword>) continued their selling spree today as well. In this month so far, FIIs have been net cash sellers, offloading around Rs 16,445.49 crore. DIIs (domestic institutional investors) have stepped in to maintain some balance by becoming net buyers worth Rs 12,265.74 crore in November till date. Shrikant Chouhan, Head Equity Research, Kotak Securities, explains that global market sentiment saw sharp volatility in the aftermath of Republicans winning all three branches of the US government, resulting in rising US bond yields and the dollar, as well as the US equity markets beating most EMs. Meanwhile, the Q2 FY25 earnings season continued to remain weak, with more misses than hits observed. <keyword id="20993056" type="General" weightage="20" keywordseo="FPI-flows" source="keywords">FPI flows</keyword> are expected to remain volatile for some time to come. Amidst emerging markets, only Brazil saw inflows worth $115 million between November 1 and 7, 2024.

Markets to remain shut on November 20 due to Maharashtra elections

The <keyword id="19895876" type="General" weightage="20" keywordseo="Election-Commission-of-India" source="keywords" meta.keywordsubtype="org" meta.entityname="Election Commission of India" meta.hostid="261" meta.entityid="Election Commission of India">Election Commission of India</keyword> (ECI) has officially announced the schedules for the upcoming Assembly elections in Maharashtra and Jharkhand, setting the stage for crucial state elections next month. Here’s what voters in these states can expect: <h2>Maharashtra: Single-phase voting on November 20</h2>Maharashtra will head to the polls in a single phase on November 20, with vote counting scheduled for November 23. This election will see a high-stakes contest between two major coalitions: the <keyword id="19924537" type="General" weightage="20" keywordseo="Maha-Vikas-Aghadi" source="keywords" meta.keywordsubtype="org" meta.entityname="Maha Vikas Aghadi" meta.hostid="261" meta.entityid="Maha Vikas Aghadi">Maha Vikas Aghadi</keyword> (MVA) and the <keyword id="21555670" type="General" weightage="20" keywordseo="Maha-Yuti-Alliance" source="keywords" meta.keywordsubtype="org" meta.entityname="Maha Yuti Alliance" meta.hostid="261" meta.entityid="Maha Yuti Alliance">Maha Yuti Alliance</keyword>. The MVA consists of <keyword id="19905331" type="General" weightage="20" keywordseo="Uddhav-Thackeray" source="keywords">Uddhav Thackeray</keyword>'s Shiv Sena (UBT), the <keyword id="19895371" type="General" weightage="20" keywordseo="Congress" source="keywords" meta.keywordsubtype="org" meta.entityname="Congress" meta.hostid="261" meta.entityid="Congress">Congress</keyword>, and the Nationalist Congress Party (NCP) under Sharad Pawar. Meanwhile, the Maha Yuti Alliance brings together the <keyword id="19931558" type="General" weightage="20" keywordseo="Bharatiya-Janata-Party" source="keywords" meta.keywordsubtype="org" meta.entityname="Bharatiya Janata Party" meta.hostid="261" meta.entityid="Bharatiya Janata Party">Bharatiya Janata Party</keyword> (BJP), Shiv Sena led by Eknath Shinde, and the Ajit Pawar faction of the NCP. This intense battle for control over the 288-seat Maharashtra Assembly follows the end of the current term on November 26. The model code of conduct has come into immediate effect in Maharashtra, guiding political parties on appropriate campaigning practices and ensuring fair elections. <h2>Jharkhand: Two-phase voting on November 13 and 20</h2>In Jharkhand, voting will occur in two phases: the first on November 13 and the second on November 20. The results will be declared on November 23, alongside Maharashtra’s. This election focuses on the 81-seat Assembly, with a fierce competition expected between the ruling <keyword id="20028356" type="General" weightage="20" keywordseo="Jharkhand-Mukti-Morcha" source="keywords" meta.keywordsubtype="org" meta.entityname="Jharkhand Mukti Morcha" meta.hostid="261" meta.entityid="Jharkhand Mukti Morcha">Jharkhand Mukti Morcha</keyword> (JMM)-Congress alliance and the National Democratic Alliance (NDA), which includes the BJP, All Jharkhand Students Union (AJSU), and Janata Dal (United). Jharkhand’s current Assembly term expires on January 5, 2025. The elections will feature 29,562 polling stations across urban and rural areas to accommodate the state’s 2.6 crore registered voters. This diverse electorate includes 66.84 lakh young voters and 11.84 lakh first-time voters, with special arrangements for 3.67 lakh persons with disabilities. <h2>Pre-election preparations</h2>The ECI’s preparations for the elections began in September, with teams visiting both states to assess readiness. Chief Election Commissioner Rajiv Kumar, alongside Election Commissioners Gyanesh Kumar and Sukhbir Singh Sandhu, met with local officials, district collectors, and political representatives to evaluate logistical arrangements and security measures. In Maharashtra, the Maha Yuti Alliance and the MVA have been ramping up their efforts to secure <keyword id="23060079" type="General" weightage="20" keywordseo="voter-support" source="keywords">voter support</keyword> in what is expected to be a dramatic electoral showdown. In Jharkhand, the ruling JMM, which is part of the INDIA bloc, is eyeing another term despite recent controversies surrounding Chief Minister Hemant Soren, who faced legal challenges earlier this year. The JMM-Congress-RJD alliance remains strong, as the party is expected to contest all 81 seats in the Assembly. (With inputs from agencies)

ECI Announces election schedules for Maharashtra and Jharkhand; both states to vote in November

The much-anticipated Lok Sabha Elections 2024 results is here! As the excitement peaks, you can track the seat count, constituency wise data and major updates here on Business Insider India: <div type="javascript" title="Custom" contenttype="Infographic"><cdata><![CDATA[]]></cdata></div> As the day progresses, more and more details of who are leading and winning across the country will emaerge. The polling for the 543-member Lok Sabha, except for the uncontested seats of Surat and Indore, took place over seven phases from April 19 to June 1. <div type="javascript" title="Custom" contenttype="Infographic"><cdata><![CDATA[]]></cdata></div> <cmsannotation type="cmsannotation" annotationid="Lok Sabha Election Results: Date and time" comment="subhead" text="Lok Sabha Election Results: Date and time"><keyword id="21610112" type="General" weightage="100" keywordseo="Lok-Sabha-Election-Results" source="keywords">Lok Sabha Election Results</keyword>: Date and time</cmsannotation> According to the <keyword id="19895782" type="General" weightage="20" keywordseo="Election-Commission" source="keywords">Election Commission</keyword>, the counting of votes will commence at 8 AM, on Tuesday, June 4. This will cover not only the Lok Sabha elections but also the state legislative assemblies of Andhra Pradesh and Odisha, along with various bye-elections. <cmsannotation type="cmsannotation" annotationid="Where to track Election Commission's updates" comment="subhead" text="Where to track Election Commission's updates">Where to track Election Commission's updates</cmsannotation> For the latest updates on the Lok Sabha election results, you can visit the official Election Commission of India (ECI) website: <a href="https://results.eci.gov.in/" data-type="tilCustomLink">https://results.eci.gov.in/</a>. These updates will also be accessible via the Voter Helpline App, compatible with both iOS and Android devices. <cmsannotation type="cmsannotation" annotationid="Where to watch live Lok Sabha Election Results" comment="subhead" text="Where to watch live Lok Sabha Election Results">Where to watch live Lok Sabha Election Results</cmsannotation> To experience comprehensive coverage, constituency wise updates and debates, the election results will be live-streamed on various news channels, YouTube channels, and social media accounts of major news outlets. Enthusiasts of large screen experience in Maharashtra, including Mumbai, can watch the 2024 Lok Sabha election results live in theatres as well as MovieMax will showcase the event titled 'Election Results 2024' starting at 9 AM. <cmsannotation type="cmsannotation" annotationid="The counting process for Lok Sabha Election" comment="subhead" text="The counting process for Lok Sabha Election">The counting process for Lok Sabha Election</cmsannotation> Under Rule 54 A of the Conduct of Elections Rules 1961, the process for counting votes starts with postal ballots at the Returning Officer's (RO) table. Thirty minutes into postal ballot counting, Electronic Voting Machine (EVM) votes can be counted, or immediately if no postal ballots are present. Counting officials must ensure that the EVM's Control Unit (CU) seal is intact and that the total votes match Form 17C before counting. Results from the CU are recorded in Part-II of Form 17C, verified by the counting supervisor, micro observer, and candidate agents. If the CU's display fails, VVPAT slips are counted post CU counting. Results for each CU are documented and signed in Form 17C, which is then sent for compiling the final result in Form 20. VVPAT slip counting starts after CU votes are counted, with mandatory verification of VVPAT slips from five random polling stations per constituency. If the victory margin is less than the rejected postal ballots, those ballots are re-verified before declaring the result. In case of a tie, the winner is determined by a draw of lots.

Lok Sabha Election Results 2024 LIVE on June 4: Date, time, how to track poll results, counting process, and more

Lok Sabha Election Results 2024 LIVE: BJP-led NDA crosses halfway mark in terms of leads; INDIA bloc still putting up a fight

Mumbai (Maharashtra) [India], June 5 (ANI): <keyword id="20459350" type="General" weightage="20" keywordseo="Indian-stock-markets" source="keywords">Indian stock markets</keyword> experienced a significant surge of over 3 percent by the closing session on Wednesday, bouncing back from the losses incurred during the <keyword id="20515965" type="General" weightage="20" keywordseo="election-results" source="keywords">election results</keyword>. The NSE <keyword id="20721290" type="General" weightage="20" keywordseo="Nifty-50-index" source="keywords">Nifty 50 index</keyword> soared by 3.36 percent, settling at 22,620.35, while the <keyword id="19950208" type="General" weightage="20" keywordseo="BSE-Sensex" source="keywords">BSE Sensex</keyword> saw a robust increase of 3.20 percent, closing at 74,382.24. Both indices surpassed their closing levels from the previous Friday, when the Nifty index closed at 22,531 points. On the day of the election results, the Nifty had plunged to a low of 21,281, and the Sensex had dropped to 46,078. Since then, the Nifty has recovered by 1,346 points, and the Bank Nifty has gained 3,250 points from the previous day's lows. "Indian market exhibited a spirited recovery driven by broad based buying across various sectors, as political stability appears assured. However, attention will remain on the formation of the government and the forthcoming RBI policy meeting. The market does not expect any change in RBI's policy stance given persistent high food inflation, and an expectation of an increase in government spending, which has led to a notable traction in FMCG <keyword id="6354298" type="General" weightage="20" keywordseo="stocks" source="Orion">stocks</keyword>," said Vinod Nair, Head of Research, Geojit Financial Services. All sectoral indices on Wednesday saw gains ranging from 2.3 per cent to 5.8 per cent. The Key sectors such as Banking, Automobile, Financial Services, FMCG, and Metal demonstrated notable increases, each rising by over 4%. In the broader market, the BSE MidCap index surged by 4.48%, and the BSE SmallCap index climbed by 2.93%. Leading the charge in this market rally were stocks like Mahindra &amp; Mahindra, IndusInd Bank, and Hindustan Unilever, each posting gains of over 5%. Other significant movers included Tata Steel, Bajaj Finance, Kotak Bank, Asian Paints, and Tech Mahindra, all of which rose by over 3%. The positive performance on Wednesday followed a turbulent session on Tuesday, where the Sensex closed at 72,079.05 points, down by 4,389.73 points or 5.74 percent, and the Nifty closed at 21,884.50 points, down by 1,379.40 points or 5.93 percent. During that session, all Nifty sectoral indices, except for Nifty FMCG, were deeply in the red. Indices such as Nifty Metal, Nifty Bank, Nifty Financial Services, Nifty PSU Bank, Nifty Private Bank, Nifty Realty, and Nifty Oil and Gas experienced the most significant declines, according to NSE data. The recovery on Wednesday reflects investor optimism and confidence returning to the market, with broad-based gains across various sectors.

Stock market revives and surges by over 3%, closes above last Friday's high

The <keyword id="19895782" type="General" weightage="20" keywordseo="Election-Commission" source="keywords">Election Commission</keyword> has received eight applications from aggrieved <keyword id="19902220" type="General" weightage="20" keywordseo="candidates" source="keywords">candidates</keyword>, including those from the <keyword id="19894848" type="General" weightage="20" keywordseo="BJP" source="keywords" meta.keywordsubtype="org" meta.entityname="BJP" meta.hostid="153" meta.entityid="BJP">BJP</keyword> and the <keyword id="19895371" type="General" weightage="20" keywordseo="Congress" source="keywords" meta.keywordsubtype="org" meta.entityname="Congress" meta.hostid="153" meta.entityid="Congress">Congress</keyword>, for verification of tampering or modification in micro-controller chips embedded in the EVMs post declaration of Lok Sabha election results on June 4. Terming the suspicion of manipulation of the electronic voting machines "unfounded", the <keyword id="19895345" type="General" weightage="20" keywordseo="Supreme-Court" source="keywords">Supreme Court</keyword> had on April 26 rejected the demand for reverting to the old paper ballot system. But at the same time, the top court had opened a window for the aggrieved unsuccessful candidates securing second and third places in the poll results and allowed them to seek verification of micro-controller chips embedded in five per cent EVMs per assembly constituency on a written request upon the payment of a fee to the poll panel. BJP's Ahmednagar (Maharashtra) candidate Sujay Vikhe-Patil has sought verification of the machines from 40 <keyword id="20300567" type="General" weightage="20" keywordseo="polling-stations" source="keywords">polling stations</keyword>. Vikhe-Patil had lost to Nilesh Lanke of NCP (Sharad Pawar) faction. A YSRCP and a DMDK candidate too have applied for the verification, according to data shared by the poll panel. According to the EC, eight parliamentary seats spread across six states are involved. The total number of polling stations for which verification has been sought is 92. Candidates who come second or third and seek verification of the EVMs will have to pay Rs 47,200 per EVM set, according to the standard operating procedure issued by the EC on June 1. According to the EC's Standard Operating Procedure (SOP), the cost submitted by manufacturers BEL and ECIL to carry out EVM "check and verification" is Rs 40,000 (plus 18 per cent GST) per set of EVM. "In addition to the cost incurred by the manufacturers, there are also administrative costs like cost of labour to shift the units, CCTV coverage, electricity charges, videography costs and various other operational costs at the district election officer level," the document said. It, however, said to make the <keyword id="21143428" type="General" weightage="20" keywordseo="verification-process" source="keywords">verification process</keyword> "more accessible" and inclusive in compliance to the referred mandate of the Supreme Court, it is decided that instead of going purely by the actual economic costs incurred, the administrative expenditure on <keyword id="22122362" type="General" weightage="100" keywordseo="EVM-verification" source="keywords">EVM verification</keyword> will be treated as "election expenditure and borne by the central or state government, as the case may be". "Accordingly, the administrative charges will be waived for the applicants -- the same shall not be charged to the applicants," it noted. The charges for EVM verification to be paid by the applicant candidate is for the current financial year 2024-25 -- till March 31, 2025, it said. An EVM set has at least one Ballot Unit, one Control Unit and a <keyword id="19975285" type="General" weightage="20" keywordseo="vvpat" source="keywords">VVPAT</keyword> machine. Separately, YSRCP and BJD candidates from Andhra Pradesh and Odisha respectively have also applied for EVM check following the announcement of assembly results on June 4. Assembly polls in Andhra Pradesh, Odisha, Sikkim and Arunachal Pradesh were held along with the Lok Sabha elections. In the verification exercise for assembly poll results, total assembly constituencies involved are three where verification has been sought in 26 polling stations. According to the SOP, the concerned state chief electoral officer (CEO) was required to communicate to the manufacturers the consolidated list of applicants within 30 days of the date of declaration of results -- by July 4. The CEOs have already conveyed the same to the manufacturers 15 days ahead of the schedule, the EC said. The technical SOP enumerating the methodology and steps for checking and verification of burnt memory/ micro-controller of the EVM units will be issued by the EC in due course.

EC receives applications for EVM verification on 8 LS seats in 6 states

The tallies for each constituency are in, and the arithmetic for the next government is being worked out. If the Narendra Modi-led Bharatiya Janata Party (<keyword id="19894848" type="General" weightage="20" keywordseo="BJP" source="keywords">BJP</keyword>) manages to hold onto their alliances, the stage will be set for Modi 3.0. However, if the Congress-led INDIA bloc somehow lures major parties like JD(U) and TDP, they might have a chance, though it is a long shot at the moment. However, with the results out for all 543 constituencies, much has been revealed about the general attitude of the country’s voters. For instance, despite the almost-unshakable belief that the BJP will sweep almost all 80 <keyword id="19894922" type="General" weightage="20" keywordseo="Uttar-Pradesh" source="keywords">Uttar Pradesh</keyword> seats — especially after the Ram Mandir inauguration — the party shockingly only managed to win only 33. Some experts speculate that this outcome came from the party failing to address core issues such as employment and economic anxiety, and instead choosing to focus on religious divide to win ballots. Expert institutions, such as Bernstein and Citi Research, have now noted that new spendings may now thus become focused on the poor, women, farmers and rural areas, especially considering how rapidly BJP’s <a href="https://bfsi.economictimes.indiatimes.com/news/industry/bias-of-markets-expected-rural-agriculture-to-be-the-new-focus-areas-reports/110728041">vote share has dropped in the rural seats</a>. For context, rural constituencies make up 60% of the total constituencies in India, according to The Economic Times. However, this is not to say that the party has clear favourites among the more developed and richer states either. Many of the richest Indian states have expressed mixed to lukewarm reactions towards BJP this election cycle, and even delivered unexpected shockers. For instance, the NDA lost a lot of ground in Uttar Pradesh, <keyword id="19897316" type="General" weightage="20" keywordseo="Maharashtra" source="keywords">Maharashtra</keyword> and Rajasthan — some states with the biggest economies in the country. As for the current scenario, the party favourite remains mixed. Considering that the country has delayed the National Survey by four years, we have to rely on independent sources to come up with more current state-wide economic statistics. Therefore, as per the India Ratings and Research (Ind-Ra), <keyword id="19896017" type="General" weightage="20" keywordseo="Karnataka" source="keywords">Karnataka</keyword>, Uttar Pradesh, Maharashtra, Tamil Nadu and Gujarat formed the five largest state economies in India in the 2023 Financial Year. Let’s take a look at how India’s wealthiest states voted in <keyword id="20886626" type="General" weightage="20" keywordseo="Lok-Sabha-2024" source="keywords">Lok Sabha 2024</keyword>. <cmsannotation type="cmsannotation" annotationid="Karnataka" comment="subhead" text="Karnataka">Karnataka</cmsannotation> Despite struggles with making headway in the South, the BJP had made a clean sweep in Karnataka, bagging 25 seats in the 2019 general elections. While the BJP-JD(S) alliance has managed to retain a majority in the southern state with 17 seats, <keyword id="19895371" type="General" weightage="20" keywordseo="Congress" source="keywords" meta.keywordsubtype="org" meta.entityname="Congress" meta.hostid="261" meta.entityid="Congress">Congress</keyword> made an impressive comeback this year, winning 9 seats compared to the 1 in the last election cycle. JD(S) managed to capture the remaining two seats. As for the four Bengaluru constituencies, BJP managed to cling onto all of them as well, with Tejasvi Surya in Bengaluru South, Shobha Karandlaje in Bengaluru North, P. C. Mohan in Bengaluru Central and C. N. Manjunath in Bengaluru Rural. <cmsannotation type="cmsannotation" annotationid="Uttar Pradesh" comment="subhead" text="Uttar Pradesh">Uttar Pradesh</cmsannotation> As mentioned earlier, the biggest controversies came out of Uttar Pradesh. Housing prominent figures such as Chief Minister Yogi Adityanath, the state has been widely considered as a stronghold for the saffron party, who had won a whopping 62 seats in 2019. However, resident voters were determined to take to the booths to voice their dissent this year. Of the 80 UP constituencies — by far the state with the largest number of seats — 37 were won by the Samajwadi Party. Meanwhile, the BJP held onto 33 seats, and the INC 6. The difference is stark: BJP lost 27 of the seats it won in the previous election cycle. Many prominent figures were dethroned this year, including Smriti Irani in Amethi, Union Minister Ajay Kumar Mishra in Kheri and Maneka Gandhi in Sultanpur. However, perhaps the biggest shocker came from the fact that the BJP also lost the Faizabad Lok Sabha seat, which housed the contentious Ram Temple. Awadesh Prasad of the Samajwadi Party will be chairing the constituency for the next five years. Prime Minister Narendra Modi, too, contested for the Varanasi seat, beating INC’s Ajay Rai by a margin of 2.5 lakh votes. <cmsannotation type="cmsannotation" annotationid="Maharashtra" comment="subhead" text="Maharashtra">Maharashtra</cmsannotation> Another of the biggest losses for the BJP also saw a resurgence for Congress in the state with the highest <keyword id="35050" type="General" weightage="20" keywordseo="gdp" source="Orion">GDP</keyword>. While the NDA had clinched 41 out of the 48 seats in the previous 2019 elections, it managed to bag a paltry 9 this time around. While this is a monumental loss for the ruling party, they managed to hold firmly onto most of the coastal Konkan belt. Headed by the Mahayuti alliance, the BJP won 7 of the 12 coastal seats, including in Palghar, Ratnagiri-Sindhudurg and Mumbai North. Meanwhile, the Shiv Sena (UBT) maintained its hold on half of the six Mumbai constituencies. Of the four Mumbai Metropolitan Region (MMR) seats, NCP (SP) won Bhiwandi, Shinde-led Shiv Sena won Thane and Kalyan and BJP won Palghar. <cmsannotation type="cmsannotation" annotationid="Tamil Nadu" comment="subhead" text="Tamil Nadu">Tamil Nadu</cmsannotation> Of all the economic powerhouses, Tamil Nadu was the only state untouched by the BJP this year. Out of the 39 seats in the state, the MK Stalin-led Dravida Munnetra Kazhagam (DMK) came out victorious in 22, the INC won 9, while a coalition of other parties bagged the remaining seats. This was a massive win for the DMK, especially considering the two major opposition parties, the AIADMK and BJP, had come together to contest this year. Considered by many as BJP's most promising candidate, K Annamalai, too lost to DMK’s Ganapathi P Rajkumar in Coimbatore. <cmsannotation type="cmsannotation" annotationid="Gujarat" comment="subhead" text="Gujarat">Gujarat</cmsannotation> While most of the other states endured major plot-twists, the story has remained almost the same for Narendra Modi’s home state, Gujarat. As per final polls, the BJP won 25 of the total 26 seats in the state, falling short of a full clean sweep due to INC clutching the final one. However, the INC win in the Banaskantha Lok Sabha seat was no small victory, considering this was the first time in a decade that the party had made ground in the western state. Meanwhile, Home Minister Amit Shah contested and won from state capital Gandhinagar by a massive margin of nearly 7.5 lakh votes.

Lok Sabha 2024: How BJP, Congress and other parties have performed in states with largest economies in India

The Indian <keyword id="19900617" type="General" weightage="20" keywordseo="stock-markets" source="keywords">stock markets</keyword>, including the Bombay Stock Exchange (<keyword id="19895774" type="General" weightage="20" keywordseo="BSE" source="keywords">BSE</keyword>) and the National Stock Exchange (<keyword id="20004725" type="General" weightage="20" keywordseo="NSE" source="keywords">NSE</keyword>), are closed today in observance of the <keyword id="21631561" type="General" weightage="20" keywordseo="fifth-phase" source="keywords">fifth phase</keyword> of parliamentary <keyword id="19895095" type="General" weightage="20" keywordseo="election" source="keywords">election</keyword> <keyword id="19895093" type="General" weightage="20" keywordseo="voting" source="keywords">voting</keyword> in Mumbai. The decision to close the markets was taken to ensure that citizens, including those working in the financial sector, can participate in the electoral process. Trading will resume on Tuesday. The next holiday is scheduled for June 17 for Bakrid. The six seats in Mumbai where polling is underway are Mumbai North, Mumbai North West, Mumbai North East, Mumbai North Central, Mumbai South, and Mumbai South Central. The other constituencies of Maharashtra that are part of the ongoing election in the fifth phase include Dhule, Dindori, Nashik, Kalyan, Palghar, Bhiwandi, and Thane. Last Saturday, the stock exchanges organized a special session to test their disaster recovery mechanisms for trading in which investors showed enthusiasm and the market closed on the green mark. On Saturday, the BSE Sensex closed at 73,959 points with a rise of 42 points, while the Nifty of the NSE closed at the level of 22,502 points with a gain of 35.91 points. Shares of Nestle India, Power Grid, Tata Motors, Hindalco, ONGC, Divis Lab, and TCS saw a rise. According to market experts, Indian markets are still facing selling pressure from the continuous selling by foreign institutional investors. Experts point out that the ongoing elections are making investors cautious. "Indian markets are recovering from the election jitters but investors are still investing cautiously. Expect this positive sentiment to consolidate, but a decisive break upward, above the previous all-time high levels, will happen once the election results are announced by June 4th late evening" said Ajay Bagga, Banking and market expert. The selling spree in Indian stock markets by foreign portfolio investors (FPIs) turned aggressive in May, partly attributable to a strong US dollar, sticky inflation particularly in the food segment, and poll outcome-related anxieties. With over 10 days more to go in May, the latest data from National Securities Depository Limited (NSDL) showed that foreign investors sold Indian stocks worth Rs 28,242 crore. SEE ALSO:<a href="https://www.businessinsider.in/tech/mobile/webstories/motorola-edge-50-fusion-vs-oneplus-nord-ce-4-price-specs-and-features-compared/slidelist/110197390.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/mobile/webstories/motorola-edge-50-fusion-vs-oneplus-nord-ce-4-price-specs-and-features-compared/slidelist/110197390.cms" target="_blank">Motorola Edge 50 Fusion vs OnePlus Nord CE 4 – price, specs and features compared</a><a href="https://www.businessinsider.in/india/news/woman-loses-54-lakh-in-work-from-home-scam-heres-what-it-is-and-how-to-protect-yourself/articleshow/110166963.cms" target="_blank"></a> <a href="https://www.businessinsider.in/india/news/woman-loses-54-lakh-in-work-from-home-scam-heres-what-it-is-and-how-to-protect-yourself/articleshow/110166963.cms" target="_blank">Woman loses ₹54 lakh in work-from-home scam! Here's what it is and how to protect yourself</a><a href="https://www.businessinsider.in/tech/mobile/webstories/iqoo-z9x-5g-with-120hz-display-6000mah-launched-starting-at-12999/slidelist/110176453.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/mobile/webstories/iqoo-z9x-5g-with-120hz-display-6000mah-launched-starting-at-12999/slidelist/110176453.cms" target="_blank">iQOO Z9x 5G with 120Hz display, 6000mAh launched starting at ₹12,999</a>

Stock markets closed today for fifth phase of voting

<ul><li><keyword id="6366108" type="UNKNOWN" weightage="20" keywordseo="ajit-pawar">Ajit Pawar</keyword>, nephew of Sharad Pawar, is contesting the <keyword id="2472094" type="PERSON" weightage="20" keywordseo="Maharashtra-assembly-election">Maharashtra Assembly election</keyword> from <keyword id="506914" type="PERSON" weightage="20" keywordseo="Baramati-constituency">Baramati constituency</keyword>.</li><li>According to the Election Commission, Pawar is set to win by a margin of over 1 lakh votes.</li><li>Pawar announced he was resigned from politics after being accused of a ₹25,000 crore scam.</li><li>Within a day, Pawar announced that he's going to continue to contest the state election.</li></ul> Ajit Pawar, nephew of Nationalist Congress Party (NCP) patriarch Sharad Pawar, resigned as a Member of the Legislative Assembly (MLA) and quit politics altogether on September 27 — yet, his name was still on the ballots in Maharashtra on October 21. And, now he's won the in Baramati constituency with a large margin of 1.5 lakh. Pawar was able to garner 83.24% of vote share which he got nearly 2 lakh votes to his name. In comparison, the BJP candidate Gopichand Kundlik Padalkar trailed behind with 30,282 votes, which is only 12.92% of the vote share. Also read: 
 
 
 
 
 
 
 
 <div type="NEWSINCONTEXT" target="false" refhostid="261" refmsid="71734588" refmstype="2" refmssubtype="0"><cdata><![CDATA[Dynasty candidates contesting Haryana and Maharashtra Assembly election 2019]]></cdata></div>
















 Fighting the election from Baramati constituency, he’ll be going up against 10 other candidates, including Gopichand Kundlik Padalkar from the Bharatiya Janata Party (BJP). The high-profile leader of the NCP, known fondly as Ajit Dada, hasn’t had an easy run. Amid campaigning for the election, he was accused of money laundering by the Enforcement Directorate - a ₹25,000 crore scam to do with the Maharashtra State Cooperative Bank (MSCB). He’s made headlines for all the wrong reasons but he has still not be written off by the political watchers in the state. Also read: 
 
 
 
 
 
 
 
 <div type="NEWSINCONTEXT" target="false" refhostid="261" refmsid="71731412" refmstype="2" refmssubtype="0"><cdata><![CDATA[Maharashtra Assembly Election 2019 results, BJP-Sena combine leads in over 163 seats and Congress-NCP in 93]]></cdata></div>
















 After Pawar’s unexpected resignation, he held a press conference within a day to apologise and announce that he will continue to contest the election. "I put in my papers before the speaker's personal assistant at the state assembly yesterday because I felt responsible for Sharad Pawar's name turning up in the matter. I apologise for taking such a decision without telling anybody," Making the fight tougher for Ajit Pawar, party chief Sharad Pawar and Baramati MP Supriya Sule didn’t hold any rallies for Pawar — instead it was his wife, son and other leaders campaigned for him. Pawar’s past The current MSCB scam is the second money laundering allegation leveled against Pawar. Back in 2012, Pawar resigned as the Water Resources Minister after allegations of ₹20,000 irrigation scam. He made a comeback mere months later, when he was sworn in as the deputy CM after getting a clean chit from the government. Baramati, home field of the Pawars, is pegged as a homage to the ‘Sharad Pawar Model of Development’ by the NCP. What was once a primarily agrarian constituency is now filled with automobile units, distilleries, textile and sugar mills, according to the party. After the Assembly election in 2009, Pawar asserted that he would become the deputy chief minister of Maharashtra but lost out to Chhagan Bhujbal. See also: <a href="https://www.businessinsider.in/politics/elections/news/dynasty-candidates-contesting-haryana-and-maharashtra-assembly-election-2019/articleshow/71734588.cms">Dynasty candidates contesting Haryana and Maharashtra Assembly election 2019</a> <a href="https://www.businessinsider.in/politics/elections/news/bhupinder-singh-hooda-haryana-election-results-2019/articleshow/71734070.cms">Bhupinder Singh Hooda is leading – forging an unbreakable bond with his Garhi Sampla constituency</a> <a href="https://www.businessinsider.in/politics/elections/news/dhiraj-deshmukh-maharashtra-assembly-election-result-2019/articleshow/71730385.cms">Deshmukh brothers are looking for a Congress win in Latur</a>

Ajit Pawar wins in Baramati with more than 1.5 lakh margin

<ul><li>The Nationalist Congress Party (NCP), Bharatiya Janata Party (BJP), and the Indian National Congress (INC) all have dynasty candidates in the fray.</li><li>The Haryana and Maharashtra Assembly election 2019 even has dynasty candidates from the same family going head to head.</li><li>Some are looking to take their family legacy forward, while others are looking to make a mark of their own. </li></ul>Haryana has been a hotbed for dynasty politics for decades and it’s not different for the Assembly election 2019. Maharashtra, on the other hand, is seeing a lot more candidates from political families contesting the election this time around. Not just from Congress — the party normally under the lens for dynasty politics — but also from the BJP, Shiv Sena and the Nationalist Congress Party (NCP). Some candidates are looking to carry their family legacy forward, like the Hoodas in Haryana and <a href="https://www.businessinsider.in/politics/elections/news/dhiraj-deshmukh-maharashtra-assembly-election-result-2019/articleshow/71730385.cms">Deshmukhs</a> in Maharashtra. Others are contesting the election against their own family members for the same constituency, like the Mundes. Here’s a quick look at the dynasty candidates waiting on the results of the Maharashtra and Haryana Assembly election today:

Dynasty candidates contesting Haryana and Maharashtra Assembly elections 2019

Dynasty candidates contesting Haryana and Maharashtra Assembly election 2019

<ul><li>BJP-Sena combine win 161 seats, Congress and allies win 98 and others in 29.</li><li>Sharad Pawar comes back from the shadows to drive his party NCP to better-than-expected performance. </li><li>The seat sharing and negotiations will get tougher after Sena has made its stance of equal sharing, clear.</li></ul>The Bharatiya Janata Party-Sena alliance won 161 seats while the Congress-NCP combine won 98 seats. Independents and other parties managed to win around 29 seats, as per election commission. While the results came as per expected, it did not match the sky high expectations of poll pundits and other experts. A few exit polls even predicted over 225 seats for the BJP combine but NCP make a comeback under the active campaigning of Sharad Pawar who did not contest in this election himself. "Those who have rebelled have not done well," commented Pawar speaking to the media today. The 78 year old put up a tough fight by campaigning extensively even during rains, even as he was being investigated by the Enforcement Directorate. In fact, a large number of MLAs and other assemblymen had quit the party right before the elections. Shiv Sena too won more seats than expected in 48 constituencies. It is now all set to make a significant contribution to the Maharashtra government. "We (Amit Shah and himself) have agreed on a portfolio number and we expect to stick to that," said Uddhav Thackeray speaking to the press today. His son Aaditya Thackeray won his first election in the Worli constituency with over 25,000 vote margin. Sena's better than expected win could cause cracks in the fragile bond between the coalition partners, as Sena might now seek a higher representation in the ministry. Poll analysts believe that Sena might now propose a rotational chief ministership and even the deputy chief minister's post. <table style="border-collapse:collapse;border:none;mso-border-alt:solid black .5pt; mso-border-themecolor:text1;mso-yfti-tbllook:1184;mso-padding-alt:0in 5.4pt 0in 5.4pt"><tbody><tr><td style="border:solid black 1.0pt;mso-border-themecolor:text1; mso-border-alt:solid black .5pt;mso-border-themecolor:text1;padding:0in 5.4pt 0in 5.4pt"></td><td style="border:solid black 1.0pt;mso-border-themecolor:text1; border-left:none;mso-border-left-alt:solid black .5pt;mso-border-left-themecolor: text1;mso-border-alt:solid black .5pt;mso-border-themecolor:text1;padding: 0in 5.4pt 0in 5.4pt">Won </td> <td style="border:solid black 1.0pt;mso-border-themecolor:text1; border-left:none;mso-border-left-alt:solid black .5pt;mso-border-left-themecolor: text1;mso-border-alt:solid black .5pt;mso-border-themecolor:text1;padding: 0in 5.4pt 0in 5.4pt">Leading </td> </tr> <tr> <td style="border:solid black 1.0pt;mso-border-themecolor:text1; border-top:none;mso-border-top-alt:solid black .5pt;mso-border-top-themecolor: text1;mso-border-alt:solid black .5pt;mso-border-themecolor:text1;padding: 0in 5.4pt 0in 5.4pt"> BJP-Shiv Sena </td> <td style="border-top:none;border-left:none;border-bottom:solid black 1.0pt; mso-border-bottom-themecolor:text1;border-right:solid black 1.0pt;mso-border-right-themecolor: text1;mso-border-top-alt:solid black .5pt;mso-border-top-themecolor:text1; mso-border-left-alt:solid black .5pt;mso-border-left-themecolor:text1; mso-border-alt:solid black .5pt;mso-border-themecolor:text1;padding:0in 5.4pt 0in 5.4pt">161 </td> <td style="border-top:none;border-left:none;border-bottom:solid black 1.0pt; mso-border-bottom-themecolor:text1;border-right:solid black 1.0pt;mso-border-right-themecolor: text1;mso-border-top-alt:solid black .5pt;mso-border-top-themecolor:text1; mso-border-left-alt:solid black .5pt;mso-border-left-themecolor:text1; mso-border-alt:solid black .5pt;mso-border-themecolor:text1;padding:0in 5.4pt 0in 5.4pt">0 </td> </tr> <tr> <td style="border:solid black 1.0pt;mso-border-themecolor:text1; border-top:none;mso-border-top-alt:solid black .5pt;mso-border-top-themecolor: text1;mso-border-alt:solid black .5pt;mso-border-themecolor:text1;padding: 0in 5.4pt 0in 5.4pt"> Congress-NCP </td> <td style="border-top:none;border-left:none;border-bottom:solid black 1.0pt; mso-border-bottom-themecolor:text1;border-right:solid black 1.0pt;mso-border-right-themecolor: text1;mso-border-top-alt:solid black .5pt;mso-border-top-themecolor:text1; mso-border-left-alt:solid black .5pt;mso-border-left-themecolor:text1; mso-border-alt:solid black .5pt;mso-border-themecolor:text1;padding:0in 5.4pt 0in 5.4pt">98</td> <td style="border-top:none;border-left:none;border-bottom:solid black 1.0pt; mso-border-bottom-themecolor:text1;border-right:solid black 1.0pt;mso-border-right-themecolor: text1;mso-border-top-alt:solid black .5pt;mso-border-top-themecolor:text1; mso-border-left-alt:solid black .5pt;mso-border-left-themecolor:text1; mso-border-alt:solid black .5pt;mso-border-themecolor:text1;padding:0in 5.4pt 0in 5.4pt">0</td> </tr> <tr> <td style="border:solid black 1.0pt;mso-border-themecolor:text1; border-top:none;mso-border-top-alt:solid black .5pt;mso-border-top-themecolor: text1;mso-border-alt:solid black .5pt;mso-border-themecolor:text1;padding: 0in 5.4pt 0in 5.4pt"> Others </td> <td style="border-top:none;border-left:none;border-bottom:solid black 1.0pt; mso-border-bottom-themecolor:text1;border-right:solid black 1.0pt;mso-border-right-themecolor: text1;mso-border-top-alt:solid black .5pt;mso-border-top-themecolor:text1; mso-border-left-alt:solid black .5pt;mso-border-left-themecolor:text1; mso-border-alt:solid black .5pt;mso-border-themecolor:text1;padding:0in 5.4pt 0in 5.4pt">29</td> <td style="border-top:none;border-left:none;border-bottom:solid black 1.0pt; mso-border-bottom-themecolor:text1;border-right:solid black 1.0pt;mso-border-right-themecolor: text1;mso-border-top-alt:solid black .5pt;mso-border-top-themecolor:text1; mso-border-left-alt:solid black .5pt;mso-border-left-themecolor:text1; mso-border-alt:solid black .5pt;mso-border-themecolor:text1;padding:0in 5.4pt 0in 5.4pt">0</td> </tr> </tbody></table> The vote share percentages over the last assembly elections however remained on similar lines. <table style="border-collapse:collapse;border:none;mso-border-alt:solid black .5pt; mso-border-themecolor:text1;mso-yfti-tbllook:1184;mso-padding-alt:0in 5.4pt 0in 5.4pt"> <tbody><tr> <td style="border:solid black 1.0pt;mso-border-themecolor:text1; mso-border-alt:solid black .5pt;mso-border-themecolor:text1;padding:0in 5.4pt 0in 5.4pt"> </td> <td style="border:solid black 1.0pt;mso-border-themecolor:text1; border-left:none;mso-border-left-alt:solid black .5pt;mso-border-left-themecolor: text1;mso-border-alt:solid black .5pt;mso-border-themecolor:text1;padding: 0in 5.4pt 0in 5.4pt"> 2019 vote share </td> <td style="border:solid black 1.0pt;mso-border-themecolor:text1; border-left:none;mso-border-left-alt:solid black .5pt;mso-border-left-themecolor: text1;mso-border-alt:solid black .5pt;mso-border-themecolor:text1;padding: 0in 5.4pt 0in 5.4pt"> 2014 vote share </td> </tr> <tr> <td style="border:solid black 1.0pt;mso-border-themecolor:text1; border-top:none;mso-border-top-alt:solid black .5pt;mso-border-top-themecolor: text1;mso-border-alt:solid black .5pt;mso-border-themecolor:text1;padding: 0in 5.4pt 0in 5.4pt"> BJP </td> <td style="border-top:none;border-left:none;border-bottom:solid black 1.0pt; mso-border-bottom-themecolor:text1;border-right:solid black 1.0pt;mso-border-right-themecolor: text1;mso-border-top-alt:solid black .5pt;mso-border-top-themecolor:text1; mso-border-left-alt:solid black .5pt;mso-border-left-themecolor:text1; mso-border-alt:solid black .5pt;mso-border-themecolor:text1;padding:0in 5.4pt 0in 5.4pt"> 26.2% </td> <td style="border-top:none;border-left:none;border-bottom:solid black 1.0pt; mso-border-bottom-themecolor:text1;border-right:solid black 1.0pt;mso-border-right-themecolor: text1;mso-border-top-alt:solid black .5pt;mso-border-top-themecolor:text1; mso-border-left-alt:solid black .5pt;mso-border-left-themecolor:text1; mso-border-alt:solid black .5pt;mso-border-themecolor:text1;padding:0in 5.4pt 0in 5.4pt"> 28% </td> </tr> <tr> <td style="border:solid black 1.0pt;mso-border-themecolor:text1; border-top:none;mso-border-top-alt:solid black .5pt;mso-border-top-themecolor: text1;mso-border-alt:solid black .5pt;mso-border-themecolor:text1;padding: 0in 5.4pt 0in 5.4pt"> Shiv Sena </td> <td style="border-top:none;border-left:none;border-bottom:solid black 1.0pt; mso-border-bottom-themecolor:text1;border-right:solid black 1.0pt;mso-border-right-themecolor: text1;mso-border-top-alt:solid black .5pt;mso-border-top-themecolor:text1; mso-border-left-alt:solid black .5pt;mso-border-left-themecolor:text1; mso-border-alt:solid black .5pt;mso-border-themecolor:text1;padding:0in 5.4pt 0in 5.4pt"> 17.7% </td> <td style="border-top:none;border-left:none;border-bottom:solid black 1.0pt; mso-border-bottom-themecolor:text1;border-right:solid black 1.0pt;mso-border-right-themecolor: text1;mso-border-top-alt:solid black .5pt;mso-border-top-themecolor:text1; mso-border-left-alt:solid black .5pt;mso-border-left-themecolor:text1; mso-border-alt:solid black .5pt;mso-border-themecolor:text1;padding:0in 5.4pt 0in 5.4pt"> 19.9% </td> </tr> <tr> <td style="border:solid black 1.0pt;mso-border-themecolor:text1; border-top:none;mso-border-top-alt:solid black .5pt;mso-border-top-themecolor: text1;mso-border-alt:solid black .5pt;mso-border-themecolor:text1;padding: 0in 5.4pt 0in 5.4pt"> Congress </td> <td style="border-top:none;border-left:none;border-bottom:solid black 1.0pt; mso-border-bottom-themecolor:text1;border-right:solid black 1.0pt;mso-border-right-themecolor: text1;mso-border-top-alt:solid black .5pt;mso-border-top-themecolor:text1; mso-border-left-alt:solid black .5pt;mso-border-left-themecolor:text1; mso-border-alt:solid black .5pt;mso-border-themecolor:text1;padding:0in 5.4pt 0in 5.4pt"> 15.6% </td> <td style="border-top:none;border-left:none;border-bottom:solid black 1.0pt; mso-border-bottom-themecolor:text1;border-right:solid black 1.0pt;mso-border-right-themecolor: text1;mso-border-top-alt:solid black .5pt;mso-border-top-themecolor:text1; mso-border-left-alt:solid black .5pt;mso-border-left-themecolor:text1; mso-border-alt:solid black .5pt;mso-border-themecolor:text1;padding:0in 5.4pt 0in 5.4pt"> 18.1% </td> </tr> <tr> <td style="border:solid black 1.0pt;mso-border-themecolor:text1; border-top:none;mso-border-top-alt:solid black .5pt;mso-border-top-themecolor: text1;mso-border-alt:solid black .5pt;mso-border-themecolor:text1;padding: 0in 5.4pt 0in 5.4pt"> NCP </td> <td style="border-top:none;border-left:none;border-bottom:solid black 1.0pt; mso-border-bottom-themecolor:text1;border-right:solid black 1.0pt;mso-border-right-themecolor: text1;mso-border-top-alt:solid black .5pt;mso-border-top-themecolor:text1; mso-border-left-alt:solid black .5pt;mso-border-left-themecolor:text1; mso-border-alt:solid black .5pt;mso-border-themecolor:text1;padding:0in 5.4pt 0in 5.4pt"> 16.7% </td> <td style="border-top:none;border-left:none;border-bottom:solid black 1.0pt; mso-border-bottom-themecolor:text1;border-right:solid black 1.0pt;mso-border-right-themecolor: text1;mso-border-top-alt:solid black .5pt;mso-border-top-themecolor:text1; mso-border-left-alt:solid black .5pt;mso-border-left-themecolor:text1; mso-border-alt:solid black .5pt;mso-border-themecolor:text1;padding:0in 5.4pt 0in 5.4pt"> 17.4% </td> </tr> </tbody></table> Maharashtra was once a Congress stronghold but few remember it to be so. Even fewer debate the ability of the ruling Sena-BJP government to come into power. In fact, all the discussion is around the number of seats that the ruling government will win. A few exit polls even predicted that it will cross 220 out of the total seats of 288. These numbers are mostly based on how the state voted in for the Lok Sabha elections. But in spite of being dubbed Maharashtra’s Modi, the chief minister Devendra Fadnavis a debutante has a new set of problems. For one, a lot has changed since Modi came into power—and not for the better. The country is growing at a slower pace, and many industries like the auto sector have come to a grinding standstill. The state contributes around 12% to the country’s GDP with its capital also being the country’s financial capital. It also bears the worst of the ongoing slowdown. The state’s cultural capital isn’t doing too well either as Pune’s auto component and manufacturing sector is at the receiving end of job crisis. But the Fadnavis government has done what few states could—in the last five years—reduce its debt <a href="https://www.opindia.com/2019/10/poll-promise-vs-performance-of-devendra-fadnavis-govt-in-maharashtra/">by around</a> 9%. Moreover , the state’s fiscal deficit also reduced slightly. The government also claims to have kickstarted many irrigation projects that remained stalled during the Congress rule. In fact, NCP supremo’s son Ajit Pawar was the center of a massive irrigation scam in the last decade. But, the ruling government said that it brought 13 lakh hectares of land under irrigation during the tenure. But not all farmers are happy. Though they are being able to produce more, they are unhappy with the government’s attitude to minimum support prices. In fact, not one but two large protests were taken up by farmers as they marched from Nasik to Mumbai seeking a bailout package along with price support. Sharad Pawar who is not contesting this time around but campaigned extensively, took it up as a poll issue. In-fighting with Sena The state government has faced many internal headwinds as well. The allies Shiv Sena and BJP are not up in arms. This alliance was forged before Modi came into power in 2014 when few knew that BJP would have a far-reaching mass appeal. At the central level too, BJP as a party is getting stronger and its local Saffron cousin isn’t too impressed with the treatment. BJP is also turning a lot more assertive in the state. It has put its own candidates to fight in Sena strongholds of Raigad, Ratnagiri and Sindudurg—which are traditional Sena bastions. In a ludicrous manner, BJP calls it a ‘friendly fight’. Sena party chief Uddhav Thackeray is not impressed. Shiv Sena which was formed by his father, Bal Thackeray, is formed on deep rooted connections with the soil and takes pride in it. A national level party wrenching control of it, hurts it at many levels. In a rare interview, Uddhav said that being second fiddle is not what he has in mind for his party. He even said that he forsees a time when a Sena candidate would be the CM, and his more ambitious son—Aditya Thackeray —is also making his debut in politics. This infighting might break the vote as people doubt the long-term prospects of the alliance going ahead.

You Searched For "Maharashtra Election Results" and got 13 results

Nifty, Sensex rallied around 1.5 % after Maharashtra election results, Experts noted short term rally

ANI

Markets to remain shut on November 20 due to Maharashtra elections

BI India Bureau

ECI Announces election schedules for Maharashtra and Jharkhand; both states to vote in November

BI India Bureau

Lok Sabha Election Results 2024 LIVE on June 4: Date, time, how to track poll results, counting process, and more

BI India Bureau

Lok Sabha Election Results 2024 LIVE: BJP-led NDA crosses halfway mark in terms of leads; INDIA bloc still putting up a fight

BI India Bureau

Stock market revives and surges by over 3%, closes above last Friday's high

ANI

EC receives applications for EVM verification on 8 LS seats in 6 states

PTI

Lok Sabha 2024: How BJP, Congress and other parties have performed in states with largest economies in India

Ankush Banerjee

Stock markets closed today for fifth phase of voting

ANI

Ajit Pawar wins in Baramati with more than 1.5 lakh margin

Prabhjote Gill

Dynasty candidates contesting Haryana and Maharashtra Assembly elections 2019

Prabhjote Gill

Dynasty candidates contesting Haryana and Maharashtra Assembly election 2019

It's a bittersweet win for BJP & Sena in Maharashtra— fewer seats to take and larger egos to battle

BI India Bureau

Popular Keywords

Buying Guides