Benchmark Indices Rebounded Following Confirmation That BJP Is Forming Government

Benchmark indices rebounded following confirmation that BJP is forming government in Karnataka.

The 30-share BSE Sensex was up 112.77 points at 35,500.65 and the 50-share NSE Nifty gained 29.90 points at 10,771.

Tata Steel, Vedanta, TCS, Wipro, Tata Motors, ITC and SBI were early gainers while Cipla, HPCL, BPCL and Lupin were losers. Nifty Midcap was up 0.3 percent.

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