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BJP Expected to Win Elections, But Market May React Negatively if 370 Seat Target is Missed
Poll strategist Prashant Kishor has predicted a victory for the BJP in the ongoing Lok Sabha elections. However, he cautioned that if the party fails to achieve its target of winning 370 seats, it could disappoint the share market.
Kishor, who worked with Prime Minister Narendra Modi and the BJP during the 2014 polls, said that the party's 370-seat target has been a smart move, as it has shifted the election discourse in their favor.
In the last three-four months, the discussion has centered around '370' and '400 paar'. Consider it a BJP strategy or Opposition's weakness, but the BJP has entirely shifted the goalpost from 272 to 370.
This has benefited the BJP. Now, no one is saying Modi ji will lose, they are saying they may not get 370 seats.
However, Kishor noted, even if the BJP gets 320 seats (or any figure lesser than the 370 mark they expect to cross), the saffron party will form the government.
In the 543-seat Lok Sabha, 272 is the halfway mark that a party or a coalition needs to cross to form government at the center.
Source: "If BJP Wins But Less Than 370, Market May...": Prashant Kishor To NDTV