No-confidence motion likely to be a non-event for the markets

The no-confidence motion – a first in 15 years – is likely to be a non-event for the markets as they expect the Narendra Modi – led National Democratic Alliance government to sail through easily. In the 545-member (including the Speaker) Lok Sabha, the BJP-led NDA can bank on support from over 300 members, including the 273 of the BJP, Shiromani Akali Dal's (SAD's) 4, reports suggest.

This is not the first time that the NDA – led government is facing a test of strength at the floor of the House. Back in 2003, the then Prime Minister Atal Bihari