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Sensex, Nifty rise on likely BJP win in Karnataka

The 10-year benchmark bond yield rose 7 basis points to 7.90 percent, its highest in nearly 33 months, while the rupee fell to a near 16-month low of 67.7975 against the dollar before recovering sharply to 67.5350 on likely intervention by the central bank. May 15, 2018
KARNATAKA ASSEMBLY ELECTIONS

BJP likely to form government in Karnataka, Twitter reacts to election results

The BJP is still ahead of the Congress in 104 of the 222 seats in the state, but the earlier celebrations have been toned down as a sense of doubt looms. Earlier, the party had said that it was confident of receiving the required numbers and would not need the JD(S) to form the government, but it may have spoken a bit too soon. May 15, 2018