Mumbai: Billionaire Sajjan Jindal on Tuesday said it is "very difficult" to gauge the public mood in a huge country like India.

"It is very difficult to understand the public mood in a huge country like ours. This is abundantly clear from today's numbers!" Chairman of JSW Group wrote on social media platform X.

"No one expected what we are seeing today and it shows how a democracy of our size works," he said.

Industrialists seemed a little more cautious while commenting on the election results, which showed that the ruling BJP has fallen short of a clear majority and is dependent on the support of allies to form a new government.

Harsh Goenka, chairman of RPG Enterprises, referring to the election results, said that the illegal betting market had predicted the results better than more sophisticated exit polls.

“The speculative market is far more accurate than pollsters using data analytics, AI, scientific research,” he wrote on

Goenka described the exit poll conducted by the widely read Hindi daily Dainik Bhaskar as "the most accurate" among such surveys as most of them got the results wrong by a wide margin.

Radhika Gupta, Managing Director and Chief Executive of Edelweiss Mutual Fund, quoting the words of former Prime Minister Atal Bihari Vajpayee said that democracy still exists in the country of 1.4 billion people and we should be proud.

"One of our most distinguished leaders, in his distinguished address, reminded us that elections come and go, but India and India's democratic process must endure. Regardless of political views, democracy in a country of 1.4 billion people is still Persists and we should be proud,” she said in a post on X.