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Equities

India shares little changed as Karnataka exit polls remain inconclusive

Investors await election results due Tuesday

MUMBAI (NewsRise) -- Indian shares ended little changed on Monday after exit polls for Karnataka state elections didn't forecast a clear winner.

The BSE Sensex rose less than 0.1% to close at 35,556.71, while the Nifty 50 Index added 0.10 points to settle at 10,806.60. ICICI Bank dropped 0.4%, pulling back after its 10% rally last week. ITC, which reports earnings on Wednesday, rose 0.2%. Sun Pharmaceutical Industries and Dr. Reddy's Laboratories rose by 0.5% or more, buoyed by Friday's rally in U.S healthcare companies after President Donald Trump's speech on lowering drug prices, which analysts said was not as aggressive as was feared.

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