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How to Play Indian Equity ETFs Ahead of Modi's Likely Win

Alex Frew McMillan

Exit polls indicate a strong win for the incumbent Prime Minister Narendra Modi, and his Bharatiya Janata Party, or BJP. If the polls are right -- and they've often been wrong, sometimes "Dewey Defeats Truman" wrong -- the BJP's coalition, the National Democratic Alliance, should win in a landslide. If the BJP performs particularly well, it may not even need any coalition partners to form a government.