It said that though Modi secured a third term, the BJP's greatly weakened position marks a significant shift in political landscape.
NDA elects Narendra Modi as their leader. (X)
Moody’s Analytics on Friday, 7 June, said reduced political stability and the need for consensus building in a coalition government will likely slow decision-making and erode investors’ confidence in the near term. In a post-election note, Moody’s Analytics said “BJP will need to use the tools of negotiation and compromise to maintain a cohesive government.”