If the results are in line with the exit polls with a clear majority, then, in any case, I think the rupee would have topped out because along with the gains are built based on expectations. However, if there is any divergence between the exit polls and then the actual results, then I think if there is no clear majority we could be looking at the significant fall in the rupee, in either case, it will be a knee jerk reaction to the situation.
If the results are in line with the exit polls with a clear majority, then, in any case, I think the rupee would have topped out because along with the gains are built based on expectations. However, if there is any divergence between the exit polls and then the actual results, then I think if there is no clear majority we could be looking at the significant fall in the rupee, in either case, it will be a knee jerk reaction to the situation.
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