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Sensex volatile, midcap outperforms; Bank Nifty rises 1%


The News International Team

The market remained marginally in green with the Sensex gaining 46.68 points at 26360.97 and the Nifty rising 12.95 points to 7888.25 while the broader markets outperformed benchmarks. Bank Nifty climbed over a percent.

The BSE Midcap and Smallcap indices jumped 0.7 percent each. Advancing shares outnumbered declining ones by a ratio of 1581 to 1011 on the Bombay Stock Exchange.

Shares of State Bank of India, Axis Bank and Bajaj Auto rallied over 1.5 percent followed by ICICI Bank, HDFC Bank, Larsen and Toubro, ITC, Mahindra and Mahindra, Maruti Suzuki and Cipla with 0.5-1 percent.

However, HDFC, Infosys, Tata Steel, Sesa Sterlite, Dr Reddy’s Labs, Sun Pharma, NTPC, Bharti Airtel, Hero Motocorp and Hindalco Industries declined 0.5-1.4 percent.

Among midcaps, Pine Animation, SKF India, Shipping Corporation, Monsanto India and Eros International surged 5-15 percent whereas Bhushan Steel, Amara Raja Batteries, Whirlpool, India Cements and DB Realty lost 2.5-5 percent.


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