The yellow metal is supported by a revival in demand from Chinese consumers and healthy purchasing activity by central banks, expert says
After surprisingly leading over the Bharatiya Janata Party at one point and sending the stock market crashing, the Congress began to trail to the BJP again. Election Commission officials said the Congress was expected to grab 75 seats.
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At one time, overjoyed Congress activists, expecting a victory, began celebrating in Ahmedabad and Gandhinagar. The stock markets too took a beating. But the Congress celebrations were shortlived.
"We are going to form a government in Gujarat. People have voted for us on development issues," BJP leader Shahnawaz Hussain told the media.
Before the BJP crossed the half-way mark, Congress spokesperson Shobha Oza was equally confident.
"People have got sick and tired of the 22 years of BJP misrule in Gujarat. The Gujarat model which the BJP touted so proudly to take power nationally is not clicking in Gujarat... We are sure we will form the government."
It was the first Assembly election in Gujarat since Narendra Modi became the Prime Minister in 2014. Modi had led the BJP to victory in the election in 2012.
The yellow metal is supported by a revival in demand from Chinese consumers and healthy purchasing activity by central banks, expert says
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