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Dolat Capital Report
The 2024 General Election results came out as a negative surprise – contrary to exit polls and broad expectations the NDA coalition underperformed by a margin with the BJP itself losing its majority status in the Lok Sabha. The Congress led India Alliance gained significantly in the North states with the Congress and the SP denting BJP tally.
Although the counts are still ongoing, but for the incumbent to cross the half way mark and form a government with a single party majority looks seemingly difficult. As the situation remains fluid, we hope things settle down and clarity emerges on the political front at the earliest.
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