The results of the 2024 Indian General Elections were declared on 5 June 2024. On 7 June 2024, Narendra Modi staked claim to form the government (i.e., executive) of India.

Controlling the executive requires parliamentary majority. Modi's party, the Bharatiya Janata Party, on its own does not have enough seats to cross majority mark, and so requires the support of its alliance, the National Democratic Alliance, to hold government. However, the parties in the alliance are not ideologically aligned, and several commentators have predicted that the government may fall before the 5 year term is completed.

 if Narendra Modi does not hold the post of Prime Minister at any point before the standard end of term.

 if Modi retains this post throughout the term.

On the unlikely occasion elections are called early and before his resignation, then I will gauge whether it was done due to a lack of support. Since this may involve a subjective call, I will not participate in the market.