Public broadcaster NHK projected the LDP and its coalition partner Komeito would secure just 214 seats, short of the 233 needed for a majority.
, with just one of the total 465 seats undeclared. The opposition Constitutional Democratic Party and the Democratic Party for the People have made significant gains in this election.According to futures data, the Nikkei could go either way on its open, with the futures contract in Chicago at 37,640 and its counterpart in Osaka at 38,070, compared to the index's last close of 37,913.92.
"I think you might have a short-term rally. But that's not really about - it's about sort of the broad based rally," Jason Hsu, founder and chief investment officer of Rayliant Global Advisors says. CNBC Pro: Buy this tech stock that's quietly automating warehouses with robots, say Berenberg and Citi — giving it 50% upside
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