If the final results are in line with the exit polls numbers, chances are that we will see a clear mandate to the Narendra Modi-led National Democratic Alliance (NDA).
The market expects that a clear mandate would result in better governance, as was seen in the case of UPA II when the indices were locked at the upper circuit after the Congress government won much more seats and was expected to perform much better.
In Narendra Modi's case, expectations are higher given his claims about the Gujarat model. Whoever becomes the next Prime Minister, the only constant is the challenges in front of him or her.
The economy is in a mess, to put it politely. Recent economic data released by the government highlights the decay.
Following are the five economic indicators that desperately need a course correction.
Text: Shishir Asthana, Business Standard
Image Courtesy: Reuters