Moneycontrol
Last Updated : May 16, 2018 04:51 PM IST | Source: Moneycontrol.com

Markets@Moneycontrol: Market falls for second day in a row over Karnataka elections uncertainty

Reliance Industries, ICICI Bank, Cipla, GAIL, HPCL and Hindalco were under pressure while ITC, HUL, Wipro and TCS gained up to 4 percent.Nifty Midcap index was down 14 points.

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Moneycontrol News 

Benchmark indices closed sharply lower on May 16 as uncertainty remained over the formation of the government in Karnataka.

The 30-share BSE Sensex was down 156.06 points at 35,387.88 and the 50-share NSE Nifty fell 60.80 points to 10,741.10.

Reliance Industries, ICICI Bank, Cipla, GAIL, HPCL and Hindalco were under pressure while ITC, HUL, Wipro and TCS gained up to 4 percent. Nifty Midcap index was down 14 points.

For more, watch the Markets@Moneycontrol show as Moneycontrol correspondent Uttaresh Venkateshwaran talks to Anchal Pathak about what moved the markets today.
First Published on May 16, 2018 04:51 pm
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