India Election 2024: Analysts predict BJP's victory in the assembly elections of three states to be held early next year
Reforms may impact policies
According to the international agency Fitch Ratings, in view of the elections to be held in April-May, we believe that the BJP alliance will form the government again under the leadership of Prime Minister Narendra Modi. This administration will lead the country in future also. Therefore, there is no significant possibility of policy change. However, how strongly he comes to power. This may impact the reform policies of the government. BJP has recently won the assembly elections of Madhya Pradesh, Rajasthan and Chhattisgarh. After these results, a tremendous surge was seen in the market.
Nomura had also predicted victory
Recently Nomura had also predicted the victory of BJP. He said that pre-election doubts have almost vanished from the minds of investors. Nomura had said that looking at the results it seems that the public is Trust towards Narendra Modi and his government is still intact. BJP seems to have a clear victory in the general elections.
There is no possibility of change in Bangladesh
According to Madhavi Arora, Lead Economist of MK Global, BJP's return to power will ensure not only long-term growth but also continuity of policies. The election results of three states have given clear indications of this. Fitch said that there does not appear to be much political turmoil in Asia. Our estimate is that in Bangladesh too, the current government can return to power after the elections to be held in January.
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