Top stocks to watch out for on May 22: Tech Mahindra, DHFL, DLF, IDFC First Bank, Edelweiss
Updated : May 22, 2019 07:59 AM IST
Indian shares are set to start on a positive note on Wednesday as investors await final results of the 2019 Lok Sabha elections. Broader market sentiment has been positive since exit poll results of the general elections predicted a continuation of the Narendra Modi government with the Bharatiya Janata Party expected to win majority seats. Indian benchmark indices BSE Sensex and NSE’s Nifty 50 fell nearly 1 percent in the previous session after hitting record highs intraday as investors booked profits after a rally on Monday. Stocks in Asia were on shaky ground as earlier relief over Washington's temporary relaxation of curbs against China's Huawei failed to offset deeper worries about trade frictions between the world's two largest economies. At 7:43 AM, the SGX Nifty was up 17.5 points, or 0.15 percent, at 11,762, suggesting a positive start for the Sensex and the Nifty 50.