The Congress-led UPA has been projected to have an edge over NDA and others in the Lok Sabha elections which are expected to produce a highly-fractured verdict, exit polls on television news channels show.
The results of the surveys, shown by the channels at the end of the fifth and final phase of polling in the month-long exercise, have placed the BJP-led NDA not very far behind the UPA and the Third Front at a little over 100 seats.
'Headlines Today' channel gave Congress and its allies 191 seats against 180 to BJP and its allies.
Exit polls had been way off the mark in 2004 Lok Sabha polls, with most of them projecting BJP-led NDA as the winner which did not turn out to be correct.
In its projections, 'India TV' channel said UPA would get between 195 seats and it could go up to 227 if 32 seats of RJD, LJP and SP are added. The channel has given NDA 189 and the Third Front 113. 'Others' are projected to get 14 seats. reports toi Congress projected ahead in exit polls
What will be Effect of exit polls on Bombay stock exchange?
Exit polls after the 2004 election by channels including NDTV, Zee News and Aaj Tak overestimated the strength of the then governing BJP and its allies by about 50-70 seats, suggesting they would win days before being dumped from office with just 179 lawmakers in parliament. Index Slumped. After the last elections, the Bombay Stock Exchange's Sensitive Index plunged 11 percent on May 17, 2004. Fear of same rally tomorrow. God save BSE.
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