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In a clear endorsement for Prime Minister Narendra Modi, the ruling nationalist Bharatiya Janata Party (BJP) won regional elections in three of the four major Indian states.
The states of Rajasthan, Madhya Pradesh, and Chhattisgarh in central India, along with the southern state of Telangana, participated in the final provincial elections preceding the national polls scheduled for May.
The BJP comfortably clinched Rajasthan and Chhattisgarh from the main opposition Congress, while retaining Madhya Pradesh, according to data from an independent election panel.
The BJP’s performance exceeded expectations, as earlier opinion and exit polls had indicated a closely contested battle between Modi’s party and the Congress.
Despite Congress winning in Telangana, marking its second victory in the south this year, the overall outcome is viewed as a setback.
With more than 160 million voters across these four states, accounting for 82 parliamentary seats, the results are significant in the lead-up to the national elections.
While Modi expressed confidence in securing a third term, the Congress party, although disappointed, emphasized the continuation of the ideological battle. The victory is expected to positively impact market sentiment on Monday, with analysts predicting a notable market gain.
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