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<ul><li><keyword id="6484188" type="General" weightage="20" keywordseo="sensex" source="Orion">Sensex</keyword> continued its sharp rally from Wednesday as exit polls suggested BJP’s win in 4 states, <keyword id="102132" type="General" weightage="20" keywordseo="crude-oil-prices" source="Orion">crude oil prices</keyword> fell and Russia-Ukraine war seemed to have eased.</li><li>Early trends in counting show that BJP may come to power in Uttar Pradesh, Goa, Manipur and Uttarakhand from five states that went to poll.</li><li>Adding to the positive waves, crude oil prices came down after a significant rise in the last few days.</li></ul>The Indian markets witnessed a relief rally on Thursday after days of bloodbath in the market on excitement of BJP coming to power especially in an important state like Uttar Pradesh. Early trends in counting show that the Bharatiya Janata Party (BJP) may come to power in Uttar Pradesh, Goa, Manipur and Uttarakhand from five states that went to poll. This is an important factor boosting the market sentiment as the state election will decide how the ruling party i.e., BJP approaches the general elections due in 2024. Following this, Indian benchmark indices Sensex and <keyword id="66115" type="General" weightage="20" keywordseo="nifty-50" source="Orion">Nifty 50</keyword> surged 2% each on Thursday. <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top gainers </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">% change as of 3:00 p.m. </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">HUL </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">+5.10% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tata Steel </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">+4.14% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tata Motors </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">+3.55% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Grasim Industries </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">+4.22% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">SBI </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">+3.55% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">JSW Steel </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">+3.79% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Indian Oil Corp </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">+3.46% </td></tr></tbody></table>Analysts believe favourable results for BJP in state elections means it will form a stable government again in the upcoming general elections in 2024 with continuation of reforms and policies implemented by the current government. “The markets gained more than 2% [on March 10]. One of the factors is the start of the settlement of the war between Ukraine and Russia. This will reduce tensions between the two countries, and international markets will see it as a positive and good move. Furthermore, the probability of the BJP forming a government in 3–4 states out of 5 is high, and the BJP will form a stable government again in the upcoming centre elections [sic] in 2024, confirming to investors that the reforms initiated by the BJP and policies implemented by the current government will continue,” said Sudhanshu Singh of MoneyMakers India Securities. Moreover, the fall in crude oil prices after a significant jump also boosted the rally in the market after UAE promised additional oil production to support the market, which was being disrupted because of sanctions on Russia after it invaded Ukraine. Reportedly, the UAE is among the few members of the Organization of the Petroleum Exporting Countries (OPEC) that have spare capacity to increase output. Moreover, the US has also asked oil producers worldwide to increase production if they can. And after Ukrainian President Zelenskyy indicated that they were no longer interested in North Atlantic Treaty Organization (NATO) membership, which was the main reason behind the war, market sentiment improved as this means the war would cool off. Markets across the world were up after crude oil price came down and hopes of de-escalation in the ongoing war. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Asian markets </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">% change on March 10 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Sensex </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">+1% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Hang Seng (Hong Kong) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">+1.27% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Australia </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">+1.08% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Nikkei 225 (Japan) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">+3.94% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Taiwan </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">+2.46% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Shanghai SE Composite Index </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">+1.22% </td></tr></tbody></table>“...The BJP-led Yogi [Adityanath] administration is on the verge of gaining a clear majority in one of the most politically crucial states in India, Uttar Pradesh, and other states, with the exception of Punjab, are also indicating favourable advances for the BJP. However, the market's resurgence is attributed not just to state elections, but also to good developments in the Ukraine situation. The election effect appears to be transient, but if the Ukraine crisis continues to improve, we may witness a market reversal,” said Ravi Singh, vice president and head of research at Share India Securities. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/politics/elections/news/winning-bjp-candidate-blames-party-for-supporting-manohar-parrikars-son-in-goa/articleshow/90124537.cms">Winning BJP candidate blames party for supporting Manohar Parrikar's son in Goa</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/pubg-maker-krafton-pumps-19-5-million-in-indian-audio-content-platform-kuku-fm/articleshow/90119690.cms">PUBG maker Krafton pumps $19.5 million in Indian audio content platform Kuku FM</a>

BJP leading in UP, falling oil prices, ease in Russia-Ukraine conflict cheer up Indian markets

Despite scoring a narrow victory, BJP's Panaji assembly candidate Atanasio Monserrate on Thursday blamed the party's cadre and workers for unofficially supporting former Chief Minister late <keyword id="6363133" type="General" weightage="20" keywordseo="manohar-parrikar" source="Orion">Manohar Parrikar</keyword>'s son Utpal over him. Speaking to reports after claiming victory over <keyword id="7519855" type="General" weightage="20" keywordseo="utpal-parrikar" source="Orion">Utpal Parrikar</keyword> who contested as an independent candidate, Monserrate said BJP workers also worked against his wife Jennifer who contested the elections from adjoining Taleigao assembly seat, also on a BJP ticket. "I am telling you, I feel the BJP cadre has not accepted me in the party. I look at it that way. That is the reason. If he (Utpal) could get so many votes, it means the cadre shifted their votes to him. I can say only that the BJP leadership here did not manage to do damage control," Monserrate said, after claiming a victory with 700 odd votes. The result has not been formally announced by the Election Commission of India yet. "Secondly, BJP workers also worked against Jennifer. To give you one insight, the president of the BJP women's cell was sitting on the Congress table on the day of elections," he said. Monserrate and his wife Jennifer joined the BJP as a part of a 10-member breakaway unit of Congress legislators in 2019. "I never expected this result... The BJP has not accepted me in the party. I joined BJP two years ago, but the BJP cadre has not accepted me in the party. The party did nothing from day one," Monserrate said. When asked to respond to Monserrate's comments, Chief Minister Pramod Sawant said that he would "analyse them later". Describing the contest against Monserrate, Utpal Parrikar who made his electoral debut, said that the contest was a "good fight". SEE ALSO <a class="tout-title-link" href="https://www.businessinsider.in/stock-market/news/hul-future-retail-dr-reddys-bharti-airtel-among-stocks-to-watch-out-for-on-march-10/slidelist/90114443.cms">HUL, Future Retail, Dr Reddy’s, Bharti Airtel among stocks to watch out for on March 10</a> <a href="https://www.businessinsider.in/politics/elections/news/early-trends-bjp-leads-in-up-uttarakhand-manipur-aap-in-punjab-cong-in-goa/articleshow/90116215.cms" data-type="tilCustomLink">Early Trends: BJP leads in UP, Uttarakhand &amp; Manipur; AAP in Punjab; Cong in Goa</a> <a href="https://www.businessinsider.in/politics/india/news/uttarakhand-elections-2022-former-cm-harish-rawat-of-congress-leading-in-lal-kuan-seat/articleshow/90116045.cms">Uttarakhand elections 2022: Former CM Harish Rawat of Congress leading in Lal Kuan seat</a>

Winning BJP candidate blames party for supporting Manohar Parrikar's son in Goa

As the counting of the votes began on Thursday morning, the Bharatiya Janata Party was seen leading in the early trends in the states of Uttar Pradesh, Uttarakhand and Manipur while the <keyword id="6354944" type="General" weightage="20" keywordseo="Aam-Aadmi-Party" source="Orion">Aam Aadmi Party</keyword> made an early headway in Punjab. As per the early trends in Uttar Pradesh, the saffron party was leading on 155 seats while Samajwadi Party was ahead on 97. The <keyword id="6356515" type="General" weightage="20" keywordseo="Bahujan-Samaj-Party" source="Orion">Bahujan Samaj Party</keyword> didn't seem to woo the voters, as it was leading on only 6 seats. The Congress party continued to show its dismal performance and was leading on only 4 seats. The Assembly polls for 403 seats spread over 75 districts were held in seven phases between February 10 and March 7. More than 3.75 lakh voters exercised their franchise using ballot papers. The state's Chief Electoral Officer Ajay Kumar Shukla said that 84 counting centres had been set up across Uttar Pradesh. In Goa, the <keyword id="43771" type="General" weightage="20" keywordseo="exit-polls" source="Orion">exit polls</keyword> had tipped a keen contest between the ruling <keyword id="14666" type="General" weightage="20" keywordseo="bjp" source="Orion">BJP</keyword> and the Congress and Goa Forward alliance, with neither being able to reach the magic figure of 21 in a 40-member state Assembly. However, the trends showed the grand-old party -- Congress -- ahead of its arch-rival BJP while the much-hyped AAP, as per the early trends, didn't seem to impress the electorate at all as it was not leading on any seat. Nearly 79 per cent voters cast ballots in the February 14 polls in Goa. In Punjab, the multi-cornered electoral battle is probably heading for a comfortable victory for the AAP as the early trends gave an edge to the Bhagwant Mann-led party over the ruling Congress. The Shiromani Akali Dal was coming as the third party. The exit polls had predicted a landslide victory for the Arvind Kejriwal-led Aam Aadmi Party (AAP) in Punjab. A total of 1,304 candidates, including 93 women and two transgenders, are in the fray. The state recorded a voter turnout of 71.95 per cent, the lowest percentage compared to the voting percentage in three previous Assembly polls. In Manipur, as per the early trends, the saffron party is heading for a landslide victory. According to the election officials, around 89.3 per cent of the 20,48,169-strong electorate cast their votes in the two-phase election to the 60-member Manipur Assembly on February 28 and March 5. This year's voting percentage was higher than the 2017 and 2012 Assembly elections, when 86.4 per cent and 79.5 per cent electorate had exercised their franchise respectively. In Uttarakhand, even as the BJP is leading in the early trends, it is still hard to predict the results as the Congress party is not much behind. The new-entrant AAP, like Goa, has failed to make any impact on the voters so far. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/politics/india/news/uttarakhand-elections-2022-former-cm-harish-rawat-of-congress-leading-in-lal-kuan-seat/articleshow/90116045.cms">Uttarakhand elections 2022: Former CM Harish Rawat of Congress leading in Lal Kuan seat</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/58-percent-of-women-employees-in-india-quit-their-jobs-to-take-on-more-family-responsibilities-in-the-last-two-years/slidelist/90102390.cms">58 percent of women employees in India quit their jobs due to more family responsibilities in last two years</a>

Early Trends: BJP leads in UP, Uttarakhand & Manipur; AAP in Punjab; Cong in Goa

<ul><li>The <keyword id="40807" type="COMPANY" weightage="20" keywordseo="Election-Commission">Election Commission</keyword> has issued a notification that no victory processions should take place on or after the results of state elections are tallied on May 2.</li><li>This means the winning party in Tamil Nadu, Assam, West Bengal, Puducherry and Kerala will not be allowed to take to streets and encourage the gathering of people.</li><li>The development comes after the <keyword id="6360667" type="COMPANY" weightage="20" keywordseo="madras-high-court">Madras High Court</keyword> told the ECI is it should be ‘booked on murder charges’ for its handling of the pre-election political rallies and campaigns.</li></ul>The <keyword id="65281" type="COMPANY" weightage="20" keywordseo="Election-Commission-of-India">Election Commission of India</keyword> (ECI) has banned all victory processions and celebrations after the results of the state elections in Tamil Nadu, Assam, Puducherry, West Bengal, and Kerala come out on May 2. The ECI has also dictated that no more than two people shall be allowed to accompany the winning candidate when they come to collect their election certificate. “In view of the surge in COVID-19 cases throughout the country, the commission has decided to make more stringent provisions to be followed during the process of counting,” said the notification. The development comes after the Madras High Court said that the ECI should be <a href="https://www.businessinsider.in/politics/india/news/the-election-commission-should-be-booked-on-murder-charges-for-the-second-wave-of-covid-19-in-the-country-according-to-a-high-court-in-india/articleshow/82260926.cms">“booked on murder charges”</a> during a hearing on April 26. The court pointed the finger at ECI for not doing anything to stop the political rallies that were being held in different states ahead of the elections. <cmsannotation type="cmsannotation" annotationid="Massive political rallies with no social distancing or face masks" comment="subhead" text="Massive political rallies with no social distancing or face masks">Massive political rallies with no social distancing or face masks</cmsannotation> The political rallies saw people come out in massive numbers to hear their favourite politicians. Not only was there no social distancing, but many were also seen amid the crowds without a mask. The ECI only stepped in on <a href="https://eci.gov.in/files/file/13339-eci-order-dated-22042021/">April 22</a> to ban roadshows, vehicle rallies, and public meetings. On the same day, Prime Minister Narendra Modi had announced that he would be cancelling four of his rallies that were scheduled for April 23. And by then the cases of COVID-19 had already begun to surge in states with elections. <div type="twitter" handle="narendramodi" handlename="Narendra Modi" image="http://pbs.twimg.com/profile_images/1249934092994375680/xX66NSZP_normal.jpg" favoritecount="112343" retweetcount="14376" status="Tomorrow, will be chairing high-level meetings to review the prevailing COVID-19 situation. Due to that, I would no… https://t.co/79d2zBQhX6" createdat="1619092487000" id="1385200406775672835"></div> The High Court threatened the ECI to come up with a proper plan to ensure COVID-19 guidelines are followed on counting day, May 2, or it will pull the plug on the entire exercise. It has asked the ECI to submit the blueprint of its plan by April 30. “The situation now is of survival and protection. Everything else comes second,” said the court. SEE ALSO: <a href="https://www.businessinsider.in/international/news/india-will-receive-the-first-batch-of-russia-covid-19-vaccine-sputnik-by-may-1/articleshow/82269061.cms">India will receive the first batch of Sputnik V COVID-19 vaccine by May 1 — in time for the third phase of its vaccination drive</a> <a href="https://www.businessinsider.in/politics/elections/news/election-commission-bans-all-victory-processions-on-or-after-counting-in-tamil-nadu-assam-goa-west-bengal-and-kerala-assembly-elections/articleshow/82269994.cms">Election Commission bans all victory processions on or after counting on May 2</a> <a href="https://www.businessinsider.in/science/health/news/the-pace-of-infections-and-test-positivity-in-maharashtra-is-slowing-down-but-it-is-too-soon-to-celebrate/articleshow/82256149.cms">The pace of infections and test positivity in Maharashtra is slowing down — but it is too soon to celebrate</a>

Election Commission bans all victory processions on or after counting on May 2

<table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.7470705000000001pt;border-right:solid #000000 0.7470705000000001pt;border-bottom:solid #000000 0.7470705000000001pt;border-top:solid #000000 0.7470705000000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">GOA </td><td style="border-left:solid #000000 0.7470705000000001pt;border-right:solid #000000 0.7470705000000001pt;border-bottom:solid #000000 0.7470705000000001pt;border-top:solid #000000 0.7470705000000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Leads 2/2 </td></tr><tr><td style="border-left:solid #000000 0.7470705000000001pt;border-right:solid #000000 0.7470705000000001pt;border-bottom:solid #000000 0.7470705000000001pt;border-top:solid #000000 0.7470705000000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">BJP </td><td style="border-left:solid #000000 0.7470705000000001pt;border-right:solid #000000 0.7470705000000001pt;border-bottom:solid #000000 0.7470705000000001pt;border-top:solid #000000 0.7470705000000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">1 </td></tr><tr><td style="border-left:solid #000000 0.7470705000000001pt;border-right:solid #000000 0.7470705000000001pt;border-bottom:solid #000000 0.7470705000000001pt;border-top:solid #000000 0.7470705000000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">INC </td><td style="border-left:solid #000000 0.7470705000000001pt;border-right:solid #000000 0.7470705000000001pt;border-bottom:solid #000000 0.7470705000000001pt;border-top:solid #000000 0.7470705000000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">1 </td></tr></tbody></table> BJP candidate, Shripad Yesso Naik, is seen leading in North Goa while Congress' candidate, Cosme Francisco Caitano Sardinha, is racing ahead in South Goa. Congress' win in the constituency means that BJP will be losing Panaji, the assembly constituency that belonged to the late BJP MP, Manoj Parrikar. Times Now VMR and C-Voter exit polls predicted that Congress and the Bharatiya Janata Party (BJP) will win one seat each — North Goa and South Goa — while India Today My Axis expects a repeat of the 2014 Lok Sabha Election with a landslide victory for the BJP in both constituencies. <ul><li>The election results in Goa will be a close call between the Bharatiya Janata Party (BJP) and Congress.</li><li>The vote share predictions across exit polls vary between the parties winning one constituency each or a landslide victory for the BJP.</li><li>Congress has hit back saying that exit polls don’t account for the ‘silent voter’ and should be banned altogether.</li><li>BJP claims that the exit polls are a sign of voter confidence in India’s incumbent Prime Minister, Narendra Modi.</li></ul>Goa could have been anybody’s game as <a href="https://www.businessinsider.in/goa-exit-poll-2019-of-lok-sabha-elections/articleshow/69399333.cms">every exit poll has a different opinion</a> on how the vote share is going to swing during the Lok Sabha Election for the state. Trajana D’Mello, the Goa Congress spokesperson, asserted that exit polls don’t account for ‘silent voters’ in response to the exit polls that predicted a win for the BJP-led National Democratic Alliance (NDA). 
 
 <div type="ExtQuote" text="The silent voter does not speak to the pollsters. It is the silent voters' voice which will change the results predicted by the exit polls in our favour." auname="Goa Congress spokesperson, Trajana D’Mello, told IANS"></div>





 The Congress leader in Goa, Chandrakant Kavlekar, even demanded a ban on exit polls altogether as they ‘willfully misguided voters’. 
 
 <div type="ExtQuote" text="Some exit polls, that fail over and over again, are used to misguide people. May be they want to plant a doubt in people's minds. Exit polls need to be based on facts." auname="Goa Congress leader, Chandrakan Kavlekar, at a press conference in Goa"></div>





 BJP’s Goa President Vinay Tendulkar, on the other hand, stated that exit polls which predicted a win for the NDA were a sign of voter confidence in India’s incumbent Prime Minister, Narendra Modi. 
 
 <div type="ExtQuote" text="This is a vote for Modiji's leadership. He has made India and Indians proud of themselves and the exit poll predictions are an indication of how the voters appreciate this." auname="BJP Goa President, Vinay Tendulkar, at a press conference in Goa after exit polls were announced."></div>





 Digging into BJP’s comeback In North Goa, the competition is between BJP’s incumbent Pad Yasso Naik versus Congress’ Girish Chodankar and Aam Aadmi Party (AAP)’s Pradeep Padgaonkar. In South Goa, BJP’s Narendra Keshav Sawaikar is looking for second terms while fielding off Francisco Sardinha from Congress and Elvis Gomes from AAP. The biggest threat to BJP’s comeback is the state’s mining issue. The Indian Supreme Court has had to shut down many mines over the past five years owing to the environmental endangerment. Jobs and production have come to a stand still as the mining industry and the Indian government have been locked in a stalemate on the issue. <a href="https://www.thehindubusinessline.com/news/elections/in-goa-the-mining-ban-weighs-heavily-on-elections/article26888384.ece">Goan mining lobbies</a> aren’t happy and suspect that the BJP isn’t reinstating mining rights because it wants to sell the resources to larger companies like Jindal or Adani; harshly affecting the income of around 300,000 people in the state. The North Goa Congress candidate, Girish Chodankar, is promising to bring about sustainable mining so that livelihoods aren’t affected by any bans on mining. Narendra Sawaikar, the incumbent BJP candidate from South Goa, has an opposing opinion that the people in the mining belts will stand by the party. The recent drop in revenue — <a href="https://www.business-standard.com/article/pti-stories/tourism-slump-in-goa-a-key-issue-in-ls-polls-stakeholders-119040800633_1.html">as much as</a> 40% — from the tourism industry doesn’t play in BJP’s favour either. Both industries are the primary sources of employment in the state.

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BJP leading in UP, falling oil prices, ease in Russia-Ukraine conflict cheer up Indian markets

Bhakti Makwana

Winning BJP candidate blames party for supporting Manohar Parrikar's son in Goa

IANS

Early Trends: BJP leads in UP, Uttarakhand & Manipur; AAP in Punjab; Cong in Goa

IANS

Election Commission bans all victory processions on or after counting on May 2

Prabhjote Gill

Goa Lok Sabha Election Result 2019: BJP winning Lok Sabha seats but losing Parrikar's assembly seat in Panaji

BI India Bureau

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