India election results: Modi alliance short of landslide.The opposition INDIA alliance led by Rahul Gandhi’s Congress party was leading in over 200 seats.INDIAN prime minister Narendra Modi’s alliance was winning a majority of seats in early vote counting trends in the general election on Tuesday (4), but well short of the landslide predicted in exit polls, TV channels showed.The trends spooked financial markets which had expected a hefty win for Modi, with stocks falling steeply. The blue-chip NIFTY 50 down 5.5 per cent and the S&P BSE Sensex was down 5.3 per cent at 0800 GMT. The rupee also fell sharply against the dollar and benchmark bond yields were up. The markets had soared on Monday (3) after exit polls on June 1 projected Modi and his Hindu nationalist Bharatiya Janata Party (BJP) would register a big victory, and its National Democratic Alliance (NDA) was seen getting a two-thirds majority and more.https://www.easterneye.biz/india-election-result-narendramodi-bjp-congress-rahul-gandhi/