Sensex, Nifty open flat in morning trade ahead of state election results

India's key equity indices-Sensex and Nifty- have opened flat in morning trade on Friday ahead of state election results.
Sensex, Nifty open flat in morning trade ahead of state election results
Bombay Stock Exchange headquarters in Mumbai, Maharashtra, India. Image Source: IANS

Key equity indices of India-Sensex and Nifty-opened in green in the morning trade on Friday ahead of the state elections results.

At 09:36 hours, the 30-scrip Sensex index was trading up 0.19% or 53.71 points at 28,982.84 on the BSE.

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Similarly, the 50-scrip Nifty index was trading up 0.23% or 20.25 points at 8,947.25 on the National Stock Exchange (NSE). 

The exit poll gives some indication about outcome of election results.

Results of assembly elections of five states- Uttar Pradesh, Punjab, Uttarakhand, Goa, and Manipur - will be announced on March 11.

All eyes are on results of Uttar Pradesh (UP) elections that gives parliament most number of representatives.