Benchmark indices edged higher in early trade after various exit polls showed that ruling party at the Centre. However, at 10.15 am, the barometer index, the BSE Sensex, was up 61.97 points or 0.21% at 28,991.10 while the Nifty50 index was up 18.75 points or 0.21% at 8,945.75. The BSE Mid-Cap index was up 0.16% and the The BSE Small-Cap index was up 0.51%. BSE IT index rose 0.7% as the top gainer. Largecap IT stocks TCS, Infosys and Wipro also added over 1%.
Results of various exit polls released yesterday, 9 March 2017 forecast a hung assembly in the key state of U.P where BJP would come forward as the largest single party. Final results of the recent elections held in five states including Uttar Pradesh, Goa, Uttarakhand, Punjab and Manipur are due tomorrow, 11 March 2017.
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