Narendra Modi, India's prime minister, center, during a campaign rally in Agra, Uttar Pradesh, India, on Thursday, April 25, 2024.
Local exit polls over the weekend suggested Prime Minister Narendra Modi and his Bharatiya Janata Party-led alliance was set for a rare third consecutive term in power.
The BJP-led National Democratic Alliance is expected to secure around 365 out of the 543 seats in the lower house of India's parliament, according to local news channel NDTV's exit poll summary.
However, final results, expected on Tuesday, can diverge from exit poll projections.
With the incoming government expected to highly prioritize building up India's infrastructure development, shares of Adani Group companies rose on the back of exit poll results as well.
Persons:
Narendra Modi, India's, Modi, Prakash Singh
Organizations:
Bloomberg, Getty, BSE, Bharatiya Janata Party, BJP, National Democratic Alliance, Adani, Adani Enterprises, Ambuja
Locations:
Agra, Uttar Pradesh, India