Stocks surged after two opinion polls indicate victory for Prime Minister Narendra Modi’s ruling coalition. When Modi govt first formed in 2014, Sensex rose 30%, the most since 2009.
Aim is to ensure not just disengagement of troops, but overall de-escalation. Govt in favour of solving tensions through talks as it wants peace with all neighbours including China.
Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.