(HT)
Indian shares gave up early gains and slipped into the red on Friday tracking global cues and on doubts over the exit polls that showed the ruling Bharatiya Janata Party winning in the Uttar Pradesh assembly elections that will increase chances of Prime Minister Narendra Modi’s second term at the Centre.
The 30-share benchmark Sensex opened up and jumped 148 points or 0.5% to touch 29,077 while Nifty touched 8,968 in early trade.However, the Sensex slid 134 points or 0.4% by noon to touch 28942.52 as investors were nervous over the authenticity of exit polls show the Bharatiya Janata Party winning in the Uttar Pradesh assembly elections. Both Sensex and Nifty slipped into the red in afternoon trade.
