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Lok Sabha Elections 2024: “If BJP Wins, But Less Than 370, Market May…”: Prashant Kishor.

The BJP’s goal of 370 seats, according to Prashant Kishor, is a “smart” strategy that has helped them alter the conversation surrounding the election.

Prashant Kishor, a poll strategist, today gave the BJP credit for changing the focus of the election from merely passing the halfway point in the Lok Sabha to securing 370 seats. In an exclusive interview with Sanjay Pugalia, Editor-in-Chief, Mr. Kishor pointed out that missing that threshold could depress the stock market.
“The stock market penalises companies that perform well but fall short of the lofty expectations placed on them. From this vantage point, it could become a talking point if the BJP wins fewer than 370 seats. This may also be reflected in the markets,” the poll strategist said.

Mr. Kishor, who previously collaborated with the BJP and Prime Minister Narendra Modi on the 2014 elections, has projected that the ruling party will win the current elections.

Additionally, he referred to the BJP’s goal of 370 seats as a “smart” approach that has helped them alter the election’s narrative.

“For the past three to four months, “370” and “400 paar” have been the main topics of conversation. Think of it as a BJP tactic or the vulnerability of the opposition, but the BJP has completely changed the objective from 272 to 370. The BJP has benefited from this. Though they might not win 370 seats, no one is predicting that Modi ji will lose right now, according to the election strategist.

However, Mr Kishor noted, even if the BJP gets 320 seats (or any figure lesser than the 370 mark they expect to cross), the saffron party will form the government.

In the 543-seat Lok Sabha, 272 is the halfway mark that a party or a coalition needs to cross to form government at the centre.

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