Gold Silver Reports (GSR) – Sensex, Nifty Extend Gains As BJP (Karnataka Election Results 2018) Leads On 100 Seats – The Indian equity benchmarks extended gains led by strong gains in banking shares as BJP was seen leading on 100 seats in Karnataka.
The S&P BSE Sensex surged 1.18 percent or 417 points to 35,973 and the NSE nifty 50 index climbed 1.09 percent or 117 points to 10,924.
BJP Crosses Halfway Mark In Karnataka; Sensex, Nifty Hold Strong Gains
Indian equity markets held on to strong gains as the Bhartiya Janata Party crossed the halfway mark in Karnataka.
The S&P BSE Sensex rose 1 percent or 355 points to 35,913 and the NSE Nifty 50 index advanced 0.90 percent or 97 points to 10,903. All sector gauges compiled by National Stock Exchange were trading higher led by the Nifty Bank index’s 1.5 percent gain.
Gains were broad-based as the S&P BSE MidCap index advanced 0.4 percent and the S&P BSE SmallCap index gained 0.8 percent.
