Indian General Election Results 2024: Live Coverage and Analysis

Indian General Election Results 2024: Live Coverage and Analysis

Will it be a third straight term for Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP), or will the INDIA bloc spring a surprise? As vote counting begins across all strong rooms under tight security, the countdown for the Lok Sabha election 2024 verdict is on. Postal ballots are being counted first. Stay with us for live updates on the Indian general election results, the latest numbers, trends, and wins and losses.

Also read: Indian Election 2024 Recap and Market Outlook Ahead

Live Coverage of Indian Election Results

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2024 Lok Sabha Elections Seats Data

Alliance Seats(Wins+Leads)
Total Seats543
Alliance wise seats data for Lok Sabha Elections 2024

8:45 PM: This is the first time since 1962 that a government will return after completing two successive terms in India- PM Modi

8:10 PM: NDA completely sweeps states Uttarakhand, Himachal Pradesh, Delhi and Madhya Pradesh

7:26 PM: PM Modi expresses gratitude to the citizens of India. He said, “The people of the country have expressed their trust in the NDA for the third consecutive time. This is an unprecedented moment in the history of India. I thank my family for this love and blessings.”

“I assure the countrymen that to fulfil their aspirations, we will move forward with new energy, new enthusiasm and new resolves. I express my heartfelt gratitude and congratulations to all the workers for the dedication and tireless hard work they have done,” he added.

6:45 PM: Actress Kangana Ranaut, a BJP candidate has won the Mandi constituency in the Lok Sabha Elections 2024.

6:30 PM: Arun Govil, renowned for portraying Lord Rama in the TV serial ‘Ramayan’, and affiliated with the BJP has emerged victorious in the Meerut Lok Sabha constituency seat in Uttar Pradesh.

5:45 PM: BJP has won 38 seats and are leading on 201 seats at the moment. Congress has won 11 seats and are leading on 88 seats.

4:45 PM: Union minister Dharmendra Pradhan wins Odisha’s Sambalpur Lok Sabha seat.

4:30 PM: BJP leads in all seven seats of Delhi. They also won all the seats in previous 2019 elections.

4:15 PM: PM Modi Retains Varanasi seat for the third time in a row.

4:05 PM: Congress Leader Rahul Gandhi also wins from Kerala’s Wayanad with a great margin. He also won the Rae Bareli Lok Sabha Seat.

3:55 PM: Current Defense Minister and BJP Leader Rajnath Singh Wins From Lucknow

3:40 PM: BJP has finally broken into Kerala. Suresh Gopi, BJP’s Candidate from Thrissur Lok Sabha Seat has won in Kerala giving BJP an entry into the state.

3:35 PM: Congress Leader Shashi Tharoor leading by 15974 votes in Thiruvananthapuram

3:30 PM: Market Update: Sensex plunges 4,300 pts to close at 72,079.05 while Nifty drops 1379 points to close at 21,884.50.

3:20 PM: Congress Leader Rahul Gandhi wins from Rae Bareli. He also surpasses the winning margin achieved by Sonia Gandhi in 2019

2:55 PM: NDA leads in 9 seats while INDIA bloc leads in 5 seats of Jharkhand.

2:40 PM: Piyush Goyal has won his Lok Sabha from Mumbai North.

2:20 PM: BJP leading in all five seats of Uttarakhand

2:10 PM: Both Congress and BJP lead in eight seats each out of a total 17 Lok Sabha Seats of Telangana.

1:50 PM: NDA nears 300 mark. Various news outlets are providing updates on NDA reaching the 300 mark. NDTV reports NDA leading in 295 seats and INDIA Alliance ahead in 229 seats. India Today is indicating NDA leading in 302 seats and INDIA Alliance in 223 seats.

1:25 PM: BJP leader and Union Minister Nitin Gadkari leads by 52k votes in Nagpur Lok Sabha Seat.

1:10 PM: Stock Market on a recovery route. Sensex recovers by 1600 points from a high fall of 6100 points in the morning.

1:05 PM: BJP leads in all 29 Lok Sabha seats in Madhya Pradesh, as per trends.

12:45 PM: BJP leads 10 out of 11 Lok Sabha seats in Chhattisgarh, as per the recent trends.

12:35 PM: Prime Minister Narendra Modi is leading from the Varanasi Lok Sabha Seat with a margin of 79,566 votes.

12:18 PM: Sensex 6.60% down, drops by 5,000 points as market volatility continues while Nifty sheds 1,600 points to drop by 7%.

12:00 PM: Union Home Minister Amit Shah has won the Gandhinagar Lok Sabha seat.

11:55 AM: Arun Govil, renowned for portraying Lord Rama in the TV serial ‘Ramayan’, and affiliated with the BJP, is currently leading in the Meerut Lok Sabha constituency in Uttar Pradesh, according to initial trends on Tuesday.

11:40 AM: With halfway counting down, NDTV reports that the NDA holds the lead in 296 seats, the INDIA alliance in 227, and others in 20. India Today’s data suggests the NDA leading in 295 seats, the INDIA alliance in 229, and others in 19. Likewise, Times Now’s figures show the NDA leading in 295 seats, the INDIA alliance in 229, and others in 19. News18’s statistics indicate the NDA leading in 295 seats, the INDIA alliance in 228, and others in 20.

11:10 AM: With the tally complete for all 48 seats in the Maharashtra Lok Sabha elections, the opposition coalition, I.N.D.I.A, holds the lead with 27 seats, closely trailed by the National Democratic Alliance (NDA) with 20 seats.

10:58 AM: INDIA bloc’s tally hovering around 220 mark as per the trends.

10:53 AM: TV trends show NDA’s tally hovering around the 290 mark from previous highs of 300 earlier

10:50 AM: Live Market Status: Sensex dips nearly 2,500 points, Nifty down by 750 points

10:30 AM: In the first look at results for 516 seats, the Election Commission of India (ECI) reports that the BJP is winning in 223 seats, Congress is ahead in 96 seats, and the Samajwadi Party is leading in 34 seats.

10:25 AM: BJP is currently ahead in 28 seats in Madhya Pradesh, suggesting a strong performance in the state as trends emerge

10:15 AM: The early trends showed leads for the National Democratic Alliance (NDA), led by the Bharatiya Janata Party (BJP), on over 300 seats. The INDIA bloc has gained leads in Uttar Pradesh, Maharashtra, and Tamil Nadu, with more than 200 seats. Vote counting commenced with postal ballot papers under stringent security measures.

10:10 AM: Prime Minister Modi is now leading in Varanasi with 619 votes.

9:55 AM: According to the trends provided by the Election Commission of India, the BJP is leading in 200 seats independently, while the Congress is leading in 80 seats on its own.

9:45 AM: In Maharashtra, the most recent data shows a closely contested battle, with both the INDIA alliance and the NDA each securing 23 seats.

9:35 AM: According to the current trends, the NDA is leading in 293 seats, while the INDIA bloc is ahead in 211 seats.

9:25 AM: The initial trends from the Election Commission of India indicate Prime Minister Narendra Modi is trailing in Varanasi against Congress candidate Ajay Rai. According to EC data, Ajay Rai is leading by 6,223 votes over PM Modi.

9:15 AM: Indian Markets Update: Benchmark indices open down by 2%, Sensex down by 1600 points approx while Nifty down by 560 points approx.

9:10 AM: Uttar Pradesh, a stronghold of BJP and NDA is seeing a different landscape at present. The NDA is ahead in 27 seats while the INDIA bloc is leading in 17 seats so far. There are total of 80 seats from Uttar Pradesh.

9:05 AM: Early trends indicate the BJP is leading in 19 seats and the Trinamool Congress in 17 seats in West Bengal. Exit polls had predicted an advantage for the BJP in West Bengal. In the 2019 elections, the BJP secured 18 seats while the TMC won 22.

9:00 AM: As per various news outlets, BJP is already leading on majority seats for the Lok Sabha Elections 2024 with India Alliance closely following behind.

8:50 AM: NDA leading on 301 seats with BJP leading on 255 seats while India bloc leading on 174 seats with Congress ahead on 76 seats.

8:40 AM: Early trends indicate that Prime Minister Narendra Modi is leading in the Varanasi Lok Sabha constituency, while Congress leader Rahul Gandhi is ahead in Kerala’s Wayanad and Uttar Pradesh’s Raebareli seats.

8:30 AM: The BJP has taken an early lead in over 100 seats, according to initial trends. TV reports indicate that the INDIA bloc is ahead in 40 seats.

8:15 AM: Very early trends indicate the BJP is taking an initial lead in the Lok Sabha elections. According to Times Now, the NDA is leading in 45 seats, the INDIA bloc is ahead in 15 seats, and Others are leading in 5 seats.

8:00 AM: The counting of votes has commenced across 542 Lok Sabha constituencies. Initial trends are expected to emerge shortly after the ballot paper votes are tallied. The counting of EVM votes will follow the completion of the ballot paper vote count.

How Indian Markets reacted to Exit Poll Data?

With the exit polls forecasting a potential third term for Narendra Modi as Prime Minister, the Indian stock market has responded with a positive outlook. Both Sensex and Nifty50 saw significant jumps, rising 3.39% and 3.25% respectively, with Sensex crossing the 76,000 mark and Nifty50 breaching 23,000. This surge due to exit poll data marks the highest jump in four years, reflecting the market’s optimism about continued political and policy stability.

Also read: Indian Markets Surge on the Back of Exit Poll Data

Exit Poll Data 2024 General Elections

The fate of candidates for 542 of the 543 Lok Sabha seats is being decided today, as the BJP has already secured the Surat seat unopposed. Exit polls have predicted a clear mandate for the BJP-led National Democratic Alliance (NDA). According to the Exit Poll data, NDA is likely to get around 360-390 seats with BJP accounting for 303 to 330 seats while INDIA Bloc is likely to get 125-160 seats with Congress accounting for 60 to 90 seats.

However, the opposition bloc has rejected these projections, claiming they will win over 295 seats. Voting for the 543 seats of the Lok Sabha took place across the country in seven phases between April 19 and June 1. The campaign was intense and often bitter.

What happened in the 2019 Elections?

In the 2019 Lok Sabha polls, the BJP won 303 seats, securing a second term for PM Narendra Modi. The Congress was reduced to just 52 seats. The BJP saw significant gains in West Bengal and Karnataka in 2019. In 2024, PM Modi is seeking a historic third term as the Prime Minister of India.

Indian Elections Impact on Stock Market

Disclaimer: SBNRI does not intend to predict the actual performance. Past returns does not guarantee future returns. Read all related documents carefully before investing.

Every five years, the Indian stock market undergoes significant volatility during election seasons. Historical data shows that major indices like Nifty and Sensex often reach their all-time highs, leading to substantial rallies. As the 2024 general elections approach, similar patterns are emerging, influenced by various political factors and government agendas.

Also read: Indian Elections Impact on the Stock Market: Historical Perspective

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