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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.
Political uncertainties likely to cause tepid market opening; ITC to declare quarterly earnings

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