Poll strategist Prashant Kishor recently shared his insights on the potential impact of the Bharatiya Janata Party’s (BJP) performance in the ongoing Lok Sabha elections on the stock market.
During an interview with NDTV, Kishor highlighted the significance of the BJP’s target of securing 370 or more seats. He emphasized that failing to meet this expectation could have repercussions on the stock market. Drawing parallels to corporate dynamics, Kishor explained that when a company fails to meet high expectations despite performing well, it often faces a negative response from the stock market. Similarly, if the BJP falls short of the 370-seat mark, it may become a significant talking point with potential repercussions on market sentiment.
Kishor also commended the BJP’s strategic move to set the 370-seat target, which he believes has effectively shifted the election discourse. By redirecting the focus from the traditional goal of 272 seats to a higher target, the BJP has successfully altered perceptions and created a new narrative surrounding the election outcome. This shift, according to Kishor, has played to the BJP’s advantage by changing the narrative from speculation about Prime Minister Modi’s potential loss to discussions about the party’s seat count.