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May 26, Saturday 2018 9:51 AM       

       HEADLINES: Lawyers beating SI: Non-bailable case against lawyer                                              New app on Nipah virus                                              KSRTC to run more inter-State bus services in connection with Ramzan                                              Kumaraswamy to face floor test today                                              This is the BJP’s slogan for Modi’s re-election in 2019                                              Help us restore democracy: Cong resorts to crowdfunding                                              K’taka: Kumaraswamy wins confidence vote amid BJP walkout                                              Strict punishment for Major Gogoi if found guilty: Army Chief                                              Here is why Trump, Stephen King blocked each other                                              Powerful cyclone churns in Arabian Sea toward Oman, Yemen                                              N Korea still willing to meet Trump                                              Dialogue efforts between US-N Korea to continue: Pompeo                                              Nikki Haley heckled at Houston University, video goes viral                                              Lankan cricketer Silva quits tour after father's murder                                              Devon Smith recalled to Windies squad for Lanka Test series                                              ICC prohibits wearing smart watches on field                                              Kaumudi Facebook
       BUSINESS Next Article: Sensex zooms 260 pts as BJP takes lead in K'taka  
       K'taka poll results lifts Sensex above 430 points, Nifty above 10,900
 
         Posted on :11:37:19 May 15, 2018
   
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       Last edited on:11:37:19 May 15, 2018
         Tags: K'taka Polls, Sensex above 430, Nifty 10900
 

MUMBAI: The BSE Sensex soared over 436 points in late morning deals Tuesday while the broader Nifty crossed the 10,900-mark after the BJP looked on course to emerge as the single largest party in Karnataka.

The BJP led in 102 constituencies, while the ruling Congress was ahead in 53 seats, according to trends.

The market cheered the poll trend, with hectic buying across the spectrum.

The 30-share Sensex was trading higher at 35,993.53, showing a gain of 436.82 points, or 1.22 per cent.

The broader Nifty-50 index too trading at 10,929.20, up 122.60 points, or 1.13 per cent.

Major gainers were Tata Steel 2.38 per cent, Kotak Bank 2.17 per cent, Yes Bank 2.13 per cent, Power Grid 1.99 per cent and HDFC Bank 1.62 per cent.

Meanwhile, foreign portfolio investors (FPIs) bought shares worth Rs. 717.99 crore on a net basis, while domestic institutional investors (DIIs) bought equities to the tune of Rs. 687.23 crore yesterday, provisional data showed.

Asian stocks fell as investors remained cautious about key economic and political risks, while supply concerns kept crude oil prices near 3-1/2-year highs.

US stock indices posted modest gains yesterday, with the Dow ending higher for the eighth session in a row on signs of easing trade tensions between the US and China.

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       BUSINESS
Next Article: Sensex zooms 260 pts as BJP takes lead in K'taka
 
 
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