Exit Polls to Vex Indian Markets as Majority Seen Eluding Modi

Exit Polls to Vex Indian Markets as Majority Seen Eluding Modi

Gold Silver Reports (GSR) – At least four exit polls, including Today’s Chanakya, which accurately predicted Modi’s victory in 2014 elections, showed the BJP as the single largest party winning anywhere between 95 to 120 seats in the 224-member Karnataka assembly. The incumbent Indian National Congress — also the main federal opposition party — is seen bagging 72 to 99 seats.                    

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Union Bank Of India Slumps After Asset Quality Worsens In Q4

Gold Silver Reports (GSR) – Union Bank Of India Slumps After Asset Quality Worsens In Q4 – Shares of the Mumbai-based public-sector lender fell as much as 4.97 percent to Rs 83.20 after it reported a loss for the third straight quarter as asset quality deteriorated and provisions against bad loans surged.       

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Deccan Gold Mines Share Price Surges On Getting Back Mine In Karnataka

Gold Mines Share Price

Gold Silver Reports (GSR) – Deccan Gold Mines Surges On Getting Back Mine In Karnataka – Shares of the Bengaluru-based gold mining exploration company surged as much as 20 percent, the most since April 23, to Rs 62 after it won a case in Supreme Court. The apex court has set aside a Karnataka High Court order which granted the state permission to set aside Hutti gold mines in the northern part of the state for state -owned miner.

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