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Indian Assets to Cheer Exit Polls Predicting Win for Modi
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Rupee Forwards, Stock Futures Jump as Exit Polls Signal Modi Win
SGX Nifty 50 Index futures rallied as much as 2.6% as exit polls predicted a majority for the Bharatiya Janata Party and its allies after the nation’s six-week-long general election ended Sunday. The rupee, Asia’s top performer in March, has slid 1.6% this quarter as escalating trade tensions roiled global markets.
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India Assets to Cheer Exit Polls Predicting Second Term for Modi
(Bloomberg) -- India’s stocks, rupee and bonds will likely gain Monday as exit polls showed Prime Minister Narendra Modi’s party is set to retain power.
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Indian Assets to Cheer Exit Polls Predicting Win for Modi
One-month offshore non-deliverable dollar-rupee forwards declined as much as 2.3% as exit polls predicted a majority for the Bharatiya Janata Party and its allies as the nation’s six-week-long general election ended Sunday. Votes will be counted Thursday.
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