Markets pare losses to turn red; ICICI Bank falls over 1%

Infosys, Bharti Airtel, L&T and HeroMoto Corp were the top gainers on BSE Sensex

Benchmark indices pared early morning gains to trade in negative during the afternoon deals and were set to post small weekly gains after exit polls showed BJP ahead of rivals in all the five states.
 
Victory for BJP in Uttar Pradesh will boost PM Narendra Modi’s chances of winning the 2019 general election. It would also give the party more number of legislators in the Rajya Sabha where it doesn't have a majority, improving the government's chances of passing key reform bills.
 
At 2:43 pm, the 30-share Sensex fell 18 points at 28,911, while the 50-share Nifty was