Exit polls hand UP to BJP, Punjab to AAP; but are the markets bothered?

The final outcome of UP will be keenly watched, analysts said, as it will pave the way how Bharatiya Janata Party (BJP) approaches and prepares for the general elections in 2024

Exit polls for the five states announced post market hours on Monday handed the most populous state in India – Uttar Pradesh (UP) yet again to Bharatiya Janata Party, while Arvind Kejriwal-led Aam Aadmi Party (AAP) is projected to rule Punjab. READ ABOUT IT HERE

The outcome of assembly polls across these key states – UP, Punjab, Goa, Mizoram and Uttarakhand – on March 10 comes at a time global headwinds in the form of geopolitical crisis between Russia and Ukraine, rising oil prices and the possible aggressive rate hike by the US Federal Reserve (US Fed) later in