Sensex down 97 points, Nifty below 10,600
Mumbai, May 21 (DINNEWS) The BSE Sensex surrendered its initial gains to trade lower by 97.64 points in late morning deals today amid selling in realty, healthcare, metal, auto, consumer durables and basic materials counters. Investors were wary after BJP’s B S Yeddyurappa resigned as the chief minister of Karnataka, paving the way for the JD(S)-Congress combine to form the government. Caution also set in ahead of key corporate earnings to be announced today, brokers said. IT, teck, telecom and energy witnessed buying interest. The 30-share Sensex was trading at 34,750.66,…
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