Elections 2019: How BJP's impending victory has surprised even the bulls

The opposition United Progressive Alliance, led by Rahul Gandhi's Congress party, was leading in 111 seats

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Prime Minister Narendra Modi addresses an election rally ahead of the Lok Sabha elections, in Nandurbar district, Monday, April 22, 2019 | Photo: PTI

Reuters

3 min read Last Updated : May 23 2019 | 11:51 AM IST

Prime Minister Narendra Modi’s BJP was set for a historic victory as India counted hundreds of millions of votes from its general election on Thursday.

The National Democratic Alliance (NDA), led by Bharatiya Janata Party (BJP), was ahead in 324 seats, broadcaster NDTV said.

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The opposition United Progressive Alliance, led by Rahul Gandhi-led Congress party, was leading in 111 seats.

Indian stock markets surged ahead of a possible Modi win.

At 0525 GMT, the broader NSE index was up 2% for the day. The rupee was trading