Karnataka election: Congress, BJP in talks with JD(S); top 10 developments

With just one more day to go before the Karnataka Assembly election 2018 results, BJP president Amit Shah has asserted that his party will form the next government in the state, while the Janata Dal (Secular), or JD(s), has claimed that neither incumbent chief minister and Congress leader Siddaramaiah nor BJP chief ministerial candidate B S Yeddyurappa will become chief minister of Karnataka. Siddaramaiah, for his part, has exuded confidence that the Congress will get an absolute majority in Karnataka and has ruled out any possibility of a tie-up with the JD(S).

Meanwhile, repolling on three polling booths -- one in north Bengaluru's Hebbal constituency and two in Kushtagi in Koppal district -- was scheduled to be held on Monday, according to the Election Commission (EC). The repolling was scheduled to be held from 7 am to 6 pm.

According to most of the post-poll surveys, the BJP is set to emerge as the single largest party in Karnataka, with the JD(S) likely to emerge as the kingmaker. As reported earlier, while most exit polls predicted a hung Assembly with the BJP ahead, two said the BJP would either come very close to or cross the halfway mark of 112 seats. However, the India Today-Axis exit poll said the Congress might bag a majority. No government in Karnataka since the Ramakrishna Hegde-led Janata Party in 1985 has been re-elected.

Karnataka election: Rahul Gandhi says Congress wining 'hands down'; updates

With the Karnataka Assembly election 2018 just two days away, the BJP and Congress' high-voltage campaigning will come to an end on Thursday at 5 pm. Prime Minister Narendra Modi today interacted with BJP Karnataka's SC/ST/OBC and slum morcha workers, slamming the Congress for disrespecting B R Ambedkar while trying to burnish his own government's record regarding welfare of SC/STs and OBCs. Congress President Rahul Gandhi said that he was confident of his party's victory in the Karnataka election.

For the BJP, party president Amit Shah and the party's chief ministerial candidate B S Yeddyurappa will be campaigning in the state today, while Congress chief Gandhi and incumbent Chief Minister Siddaramaiah will campaign for their party on the final day.

Apart from Prime Minister Narendra Modi and Congress chief Gandhi, the Karnataka election campaign has also seen political heavyweights Sonia Gandhi and Uttar Pradesh Chief Minister Yogi Adityanath campaign for their respective parties.

Markets are not factoring in Karnataka poll outcome yet, say analysts

Market have not yet priced in the possibility of a loss for the Narendra Modi-led Bharatiya Janata Party (BJP) in the upcoming assembly election in Karnataka. Though analysts expect a knee-jerk reaction to the outcome on May 15, they believe the markets will start focussing on other global and domestic events soon after.

Nilesh Shah, managing director at Kotak Mahindra Mutual Fund believes the S&P BSE Sensex could dip sharply if the BJP loses Karnataka. He, however, expects the recovery to be equally swift. A win, on the other hand, could take markets higher.

assembly election, karnataka election, elections, union election, BS election “Markets are not factoring in a loss for the Bharatiya Janata Party (BJP) in Karnataka yet. On the contrary, there are reports that suggest that the BJP will win – and probably that’s why the S&P BSE Sensex was able to cross the 35,000 mark in April. That said, stability should return after a knee-jerk reaction, as the markets will look at events beyond the Karnataka election outcome,” he says.

Karnataka election: Amit Malviya under EC lens, VVPATs for EVMS; 10 updates

Karnataka Assembly Elections will be held on May 12 and the result will be declared on May 15, 2018, the Election Commission announced on Tuesday. Karnataka elections will be held in a single phase. Chief Election Commission OP Rawat said that the model code of conduct has come into effect in the poll-bound state

The elections are being held to choose the 224 members of the Karnataka Assembly whose tenure ends in May 2018. The polls are being seen politically crucial for the ruling Congress, as well as the BJP, as Karnataka is the only big state where the former is in power after losing a string of Assembly elections to the saffron party in the past few years. The BJP is making a concerted bid to unseat the Congress. Besides, the Congress and the BJP, another player in the fray is former prime minister H D Deve Gowda's JD(S).

Currently, the Congress party holds a simple majority of 123 seats in the 224 constituencies’ strong Karnataka legislative assembly. The BJP holds 44 and the JD(s) has 40 seats respectively. BJP President Amit Shah on Monday asserted there was a "tsunami" in favour of his party which will not only defeat the ruling Congress but also 'uproot' it in the coming assembly polls in Karnataka. "After Gujarat elections, this is my Karnataka trip. Extraordinary enthusiasm is witnessed here. Earlier I was saying it was a BJP wave. Now I say it's a BJP tsunami" Shah said. Coming to Karnataka a day after Congress president Rahul Gandhi ended his fourth round of visit, he said "Rahul Gandhi is touring. He has been saying that Congress government will come in Karnataka.