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Sensex zooms 260 pts as BJP takes the lead in K'taka

Press Trust of India  |  Mumbai 

After opening lower, benchmark Sensex soared over 260 points in early trade today after the BJP took the lead in election results.

Overseas, markets in were trading mixed as investors assessed the outlook for trade relations between the US and and tensions in the

The BJP was leading in 51 seats while the ruling was in the front in 26 constituencies in Karnataka, according to early trends.

The benchmark rose 260.94 or 0.73 per cent to trade at 35,817.65.

The broader NSE Nifty also jumped 70.50 points, or 0.65 per cent, to 10,877.10.

Foreign portfolio investors (FPIs) bought shares worth a net Rs 717.99 crore while domestic institutional investors (DIIs) bought shares worth Rs 687.23 crore yesterday, as per provisional data.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, May 15 2018. 10:00 IST