Market Political uncertainties likely to cause tepid market opening; ITC to declare quarterly earnings Updated : May 16, 2018 07:17 AM IST The market is likely to have a tepid opening due to the political tensions and the uncertainty amid the Karnataka elections results. The market surged in trade for a while on Tuesday when BJP was leading but immediately slipped after the buzz that JD(S) and Congress are likely to form an alliance. Post-market hours, JD(S) said that they are inclined towards forming an alliance with Congress and as of now, the decision is left with the state's governor. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.