BSE Sensex and NSE Nifty 50 are trading flat on Thursday ahead of exit poll results of Gujarat elections. Here are the latest updates and developments
from the markets

Investors kept their bets on hold on Thursday as key indices—BSE Sensex and NSE Nifty— traded lower ahead of exit poll results of Gujarat election.
Power, consumer durables, IT, technology and FMCG counters witnessed investor caution. Wholesale inflation spurted to 3.93% in November, from
3.59% in October, showed government data. The big loser was TCS 3.52%, along with Wipro and Adani Ports.

Asian markets were trading mixed. US stocks climbed yesterday, with the Dow posting a record closing, after the Federal Reserve hiked interest rates.

2.40 pm IST
Market update
BSE Sensex rises 69.20 points, or 0.21%, at 33,122.24, while the Nifty 50
falls 16.20 points, or 0.16%, to 10,209.15.

2.05 pm IST
Rupee strengthens against US dollar
The Indian rupee strengthened against the US dollar ahead of the exit poll
predictions of Gujarat election due later on Thursday. At 2pm, the home
currency was trading at 64.31 a dollar, up 0.20% from its Wednesday’s close
of 64.44. The rupee opened at 64.32 a dollar and touched a high and a low
of 64.25 and 64.33 respectively.

1.45 pm IST
Market update
BSE Sensex falls 57.71 points, or 0.17%, at 32,995.33, while the Nifty 50
falls 14.65 points, or 0.14%, to 10,178.30.

Source: livemint.com