Google Doodle celebrates the announcement of the results of the French Parliamentary Elections 2024, with the country’s far-right party leading after winning the first round. Exit polls suggest a close race with uncertainty surrounding the final outcome.
Pradeep Gupta, the chief of Axis My India, has stated his willingness to face any investigations, including by SEBI and JPC, following allegations of stock market manipulation using exit polls. He also denied conducting exit polls for foreign investors and emphasized his support for regulations in the pollster industry.
As India eagerly awaits the results of the seven-phase Lok Sabha Elections 2024, counting of votes commences today. In accordance with election regulations, a nationwide ban on the sale of liquor is in effect today, June 3rd, to prevent any influence on the vote-counting process. Liquor sales will remain prohibited from 12 a.m. on June 3rd to 12 a.m. on June 4th, affecting all shops, bars, hotels, restaurants, and taverns. However, restaurants and hotels are permitted to serve food and non-alcoholic beverages. The vote-counting process will commence at 8 a.m., commencing with postal ballots followed by the counting of votes cast through electronic voting machines (EVMs). Exit polls have projected a strong performance for the ruling BJP-led NDA, indicating a potential improvement over their 2019 tally of 352 seats.
Tamil Nadu Congress Committee President K. Selvaperunthagai participated in a video call with Congress party president Mallikarjun Kharge and MP Rahul Gandhi on June 2, 2024, to discuss measures for the vote counting of the Lok Sabha election on June 4. They urged party chiefs to disregard exit polls and ensure that party agents remain vigilant until the last vote is counted. Selvaperunthagai emphasized the importance of vigilance on election day and expressed confidence in the Congress’s victory in Tamil Nadu. He also predicted significant losses for the BJP in Uttar Pradesh. In a statement, Selvaperunthagai urged Congress agents to arrive at counting centers at 6 a.m. on counting day and be aware of the election procedures. He emphasized the need to check seals on machines, verify entries on Form 17C, and ensure agents are present at counting tables.
The Indian stock market is expected to open higher on Monday (June 3) after a five-day losing streak. The Lok Sabha elections exit polls have predicted a landslide victory for the BJP, while better than expected GDP data also came on Friday. The Sensex is likely to open around 350 points higher, while the Nifty may gain around 100 points.
According to exit polls conducted on June 1, Prime Minister Narendra Modi’s BJP-led NDA alliance is projected to retain power with a significant majority in the Lok Sabha elections. The alliance is expected to make gains in Tamil Nadu, Kerala, and Karnataka, while it may lose some seats in Bihar, Rajasthan, and Haryana. Various exit polls forecast the NDA winning between 353 and 401 seats, and the opposition INDIA bloc securing between 109 and 169 seats in the 543-member Lok Sabha.
