India election: PM Modi claims BJP has won majority for ‘historic mandate’, in ‘signal from people’, but voting not over
Modi said the BJP had made significant gains in the southern and eastern parts of the country. “This time, we will vastly improve our performance in states like Tamil Nadu, Telangana, Andhra Pradesh, Kerala, West Bengal and Odisha,” Modi told the newspaper.
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The BJP faces an opposition alliance of more than 20 groups, which expects to topple Modi and the BJP. Opposition leaders like Akhilesh Yadav, who heads a regional party in Uttar Pradesh state, and Arvind Kejriwal, chief minister of Delhi, have said the BJP will fail to win a majority in the elections.
Speaking about the recent volatility in Indian financial markets – triggered by uncertainty about the BJP’s support – Modi said in the ET interview his government had undertaken “maximum reforms and managed the economy with fiscal prudence.”
“I can say with confidence that on June 4, as BJP hits record numbers, the stock market will also hit new record highs,” he said.