Markets in red as investors stay cautious on UK election shock

The exit polls, showed that Theresa May's Conservative Party could fail to win a clear majority

Markets trade in negative as investors remained on sidelines on UK election shock after European Central Bank maintained status quo as expected and testimony of James Comey was without fire.
 
The exit polls, however, showed that Prime Minister Theresa May's Conservative Party could fail to win a clear majority, a shock result that would plunge domestic politics into turmoil and delay Brexit talks.
 
At 11:50 am, the S&P BSE Sensex was trading at 31,161, down 52 points, while the broader Nifty50 was ruling at 9,629, down 18 points.
 
The broader market were trading flat with S&P BSE