Monday, May 14, 2018

Sensex zooms 260 points as BJP takes the lead in Karantaka

The benchmark BSE Sensex rose 260.94 or 0.73 % to trade at 35,817.65.

After opening lower, benchmark Sensex soared over 260 points in early trade today after the BJP took the lead in Karnataka election results.
Overseas, markets in Asia were trading mixed as investors assessed the outlook for trade relations between the US and China and tensions in the Middle East.
The BJP was leading in 51 seats while the ruling Congress was in the front in 26 constituencies in Karnataka, according to early trends.
The benchmark BSE Sensex rose 260.94 or 0.73 % to trade at 35,817.65.
The broader NSE Nifty also jumped 70.50 points, or 0.65 %, to 10,877.10.
Foreign portfolio investors (FPIs) bought shares worth a net ₹ 717.99 crore while domestic institutional investors (DIIs) bought shares worth ₹687.23 crore yesterday, as per provisional data.

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