As voting wraps up for the seventh and final phase of the Lok Sabha elections 2024, exit polls are set to begin this evening.
The election results will be announced on June 4. Betting markets across India, from Rajasthan’s Phalodi to Kanpur, Mumbai, and beyond, which are one of the most credible in their prediction about poll results, are rife with speculation.
Current trends suggest a strong showing for the BJP, though the NDA is expected to face stiff competition.
Throughout the election phases, betting markets have consistently favored the BJP, projecting a repeat of their 2019 success.
A few markets anticipate Prime Minister Modi’s third term, though doubts linger about the BJP achieving its goal of surpassing 400 seats.
Predictions, all over the market suggest suggest that single party will secure a clear majority, indicating a close contest between the NDA and the INDIA bloc.
Will the BJP Surpass 400 Seats?
Rajasthan’s Phalodi satta bazaar predicts the BJP will win between 209 and 212 seats, with the NDA securing 253 seats overall. The INDIA bloc is projected to win 246 seats, indicating a closely fought battle.
Palanpur and Karnal Satta Bazaar Predictions
Media reports from Palanpur Satta Bazaar forecast the NDA winning 247 seats, with the BJP securing 216.
The INDIA bloc is predicted to win 225 seats, including 112 for Congress. Karnal Satta Bazaar predicts the NDA will achieve 263 seats compared to the INDIA bloc’s 231 seats. Other markets, such as Indore Saraf and Surat Maghobi, also project an NDA majority.
Kolkata Betting Market
Kolkata’s betting market estimates the BJP will win 218 seats, with the NDA taking 261 seats. Congress is expected to win 128 seats, while the INDIA bloc is projected to secure 228 seats. Indore Saraf predicts 260 seats for the BJP, 283 for the NDA, 94 for Congress, and 180 for the INDIA bloc.
Mumbai Satta Bazaar
Mumbai’s betting market forecasts the BJP winning 64 to 66 seats in Uttar Pradesh.
Detailed predictions include wins for Union Minister Smriti Irani in Amethi, Rahul Gandhi in Rae Bareli, Dimple Yadav in Mainpuri, Rajnath Singh in Lucknow, Akhilesh Yadav in Kannauj, and Arun Govil in Meerut. Brokerage firms like PhillipCapital, IIFL, JMFL, and Bernstein have also provided their seat predictions for the BJP.
With various betting markets presenting different projections, the final outcome remains uncertain, promising an intense finish as the election results are awaited on June 4.