The BSE Sensex rose about 21 points to close at 35,556.71 today after early gains were undone by a sell-off by participants ahead of the outcome of Karnataka assembly elections. Results of the Karnataka elections will be declared tomorrow, with most exit polls indicating a tight race between the ruling Congress and the BJP. Inflation at the wholesale level rose to 3.18 per cent in April on increasing prices of fuel and food items. The BSE Sensex, after a better start at 35,555.83, advanced to hit a high of 35,642.72 amid positive cues from other Asian bourses. The broader 50-issue NSE Nifty edged up just 0.10 points to close at 10,806.60, after shuttling between 10,834.85 and 10,774.75.

Source: dna May 14, 2018 10:30 UTC