Finally the public verdict is out and the results are beyond everyone’s expectations. It is a clear Jai Ho for the incumbent prime minister to take over at the center for five more years. I am glad the Indian voters have given one tight slap on the face of all irrational small party prime ministerial aspirants. The regional parties have been stripped of their unreasonable bargaining power. They will be rushing to center to offer unconditional support with whatever little strength they have … reason being no one other than UPA has even a slightest chance to have a go at setting up the government. Other main features of this verdict have been voter has rejected hate based and religion based political parties. And most importantly Left has been decimated even in Kerala and Bengal pushing them into some serious introspection mode. Finally congratulations to Dr. Manmohan for being first PM after Pandit Nehru to take over the charges for a second five year term. Sorry that Mr. Advani’s dream of occupying the PM’s chair will remain a dream for ever – this is the last time he would be contesting in election.
With political stability investors on D-Street would be euphoric and we could see a Mega Monday or Magic Monday where markets could hit circuit breaker for a different reason this time atleast in NIFTY if not BSE. Yeah, media would be disappointed for not having a chance to cover all the horse trading and other political speculations as a result of this clear mandate. Now with IPL getting into the last week the focus shifts there. There have been many close matches in the last few weeks and the teams are still jumping all across the table. Except for Delhi no one seems to be safe zone and five teams leaving Kolkata and Mumbai are contesting closely for the semi final spot – it looks like it’s likely to go down to the wire and final positions would be clear only after the final league match between the last year’s rock bottom teams and yeah they are very much in contention for the semifinal berths.
With political stability investors on D-Street would be euphoric and we could see a Mega Monday or Magic Monday where markets could hit circuit breaker for a different reason this time atleast in NIFTY if not BSE. Yeah, media would be disappointed for not having a chance to cover all the horse trading and other political speculations as a result of this clear mandate. Now with IPL getting into the last week the focus shifts there. There have been many close matches in the last few weeks and the teams are still jumping all across the table. Except for Delhi no one seems to be safe zone and five teams leaving Kolkata and Mumbai are contesting closely for the semi final spot – it looks like it’s likely to go down to the wire and final positions would be clear only after the final league match between the last year’s rock bottom teams and yeah they are very much in contention for the semifinal berths.
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