Markets end flat on Friday as investors remain edgy ahead of poll results on Saturday


Benchmark indices settled the day flat and posted small weekly gains as investors stayed cautious ahead of assembly election results. Exit polls declared yesterday showed BJP ahead of other rival parties in all the five states.

Victory for BJP in Uttar Pradesh will boost PM Narendra Modi’s chances of winning the 2019 general election. It would also give the party more number of legislators in the Rajya Sabha where it doesn’t have a majority, improving the government’s chances of passing key reform bills.

The 30-share Sensex ended 17 points higher at 28,946, while the 50-share Nifty settled the day at 8,934, up 7 points.

In the broader market, the BSE Midcap was down 0.2%, while BSE Smallcap fell 0.1%.


News and views? Is there one place for all?


At StockArchitect, our intention is to help investors take informed investment decisions. We have been mentioning about the Masterminds who share their knowledge and their ideas for investors. We have also mentioned how news anchors share their views for the investors.

So is it all about the Masterminds and news anchors? There is more.

We strongly believe that it is of paramount importance that investors should be aware of the events that occur both locally and globally. After all investment decisions are impacted by these events. We therefore also cover a host of Business channels and publications just to ensure that the investors have all the news as they happen right in one place.

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