Indian markets close sharply high after exit polls forecast BJP gov't win

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Congress spokesperson Rajeev Gowda said that exit polls were "regularly wrong", and seat share and vote share predictions were very hard to make. Don't you know that previous exit polls have gone haywire? "If this party called Congress, which says it stands for constitutional values and a secular India, can not put up a resistance, it has no reason to exist", Yadav added.

By Monday evening, a "bulk SMS" attributed to Gandhi was sent to journalists covering the Congress. 'Thank you for participating and expressing your right in India's democracy.

If there is one region where the BJP is projected not to have made inroads, it is the south, barring Karnataka, though a couple of pollsters have given the party one seat in Kerala.

"Let us now wait for May 23".

Mamata Banerjee, head of the regional Trinamool Congress party that dominates in West Bengal state, dismissed the forecasts as "exit poll gossip". The mood in the Congress headquarters, on Monday, certainly would suggest so.

The opposition Congress was predicted to double its 2014 tally of 44 seats - a historic low since India's independence in 1947 - but that the number would still fall far short of a claim to power.

Naidu had tweeted late Sunday that time and again exit polls failed to catch the people's pulse.

Party spokesperson GVL Narasimha Rao said however the polls "clearly show a huge positive vote for the leadership of Narendra Modi who has served the country with unmatched dedication".

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On Tuesday, a delegation of 21 opposition parties will assemble at the Constitution Club in Delhi before heading off to meet the Election Commission officials.

Some have taken a more cautiously optimistic stand.

Congress leader PC Chacko also said that the results will be different from the exit polls and that there were so many possibilities which will become clear on May 23.

"But once the results are out on Thursday, even if it is as expected, I don't see much upside to the market".

Exit polls on May 19 predicted a second term for Prime Minister Narendra Modi.

Congress president Rahul Gandhi would fervently want to draw parallels between 2004 and 2014 Lok Sabha election campaigns.

A meeting of senior BJP leaders is also scheduled to be held at party headquarters before the dinner meeting. "Everyone has seen the tremendous support for PM Modi and the BJP in Bengal".

As per India Today-Axis My India Exit Poll, the Bharatiya Janata Party (BJP)-led NDA will win around 339-365 seats, while the Congress party will be reduced to 77-108 seats.

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