In first back-to-back majority in the Lok Sabha polls for a single party in over three decades, the Narendra Modi-led BJP won 303 seats out of 542 in the Lok Sabha polls, handing out a crushing defeat to the Congress and many other political opponents.
With the BJP riding a Modi wave that took it past its 2014 tally of 282, the opposition was left way behind with the Congress winning only 52 seats, two less than it needs for a Leader of Opposition post in the lower house and marginally more than the 44 it got in the last general elections.
CNBC-TV18 spoke with Navneet Munot of SBI Mutual Fund, Manish Gunwani of Reliance Nippon Life AMC and S Naren of ICICI Prudential AMC to decode the mandate and its impact on the market and the economy.