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Benchmark indices were trading lower following weak global cues after Wall Street ended flat to negative in the overnight trade.
The sentiment was also affected as investors stayed cautious to see how Modi’s latest gamble of making Yogi Adityanath the Uttar Pradesh CM pans out. BJP won control of the state a week ago, earning the biggest majority there for any party since 1977. The win has raised the prospect of Modi's re-election in general elections in 2019.
At 12:45 pm, the S&P BSE Sensex was trading at 29,516, down 132 points, while the broader Nifty50 was ruling at
The sentiment was also affected as investors stayed cautious to see how Modi’s latest gamble of making Yogi Adityanath the Uttar Pradesh CM pans out. BJP won control of the state a week ago, earning the biggest majority there for any party since 1977. The win has raised the prospect of Modi's re-election in general elections in 2019.
At 12:45 pm, the S&P BSE Sensex was trading at 29,516, down 132 points, while the broader Nifty50 was ruling at
