NEW DELHI: While the benchmark indices Nifty50 and Sensex remained dull on Tuesday, the BSE Midcap index hit a fresh record high of 16,642.

The S&P BSE Midcap index was trading 0.15 per cent up at 16,590, around 01:30 pm (IST), backed by gains in Reliance Communications (up 7.96 per cent), GMR Infrastructure (up 7.42 per cent), Mangalore Refinery and Petrochemicals (up 6.46 per cent) and Bharat Electronics (up 5.39 per cent).

Shares of Shriram City Union Finance (up 4.58 per cent), Tata Communications (up 4.32 per cent), Vakrangee (up 4.16 per cent), Oberoi Realty (up 3.42 per cent), Sun TV Network (up 3.31 per cent), Bank of India (up 2.69 per cent), Amara Raja Batteries (up 2.65 per cent) and Endurance Technologies (up 2.21 per cent) were also trading up in the BSE Midcap index.

However, Union Bank of India (down 4.03 per cent), Steel Authority of India (SAIL) (down 3 per cent), Indian Bank (down 2.69 per cent), LIC Housing Finance (down 2.24 per cent), Torrent Power (down 1.93 per cent), Jindal Steel & Power (down 1.81 per cent) Canara Bank (down 1.49 per cent) were among the top losers in the index around the same time.

Benchmark NSE Nifty50 index was 10 points down at 10,354, while the BSE Sensex was 16 points down at 33,250.

Axis Bank, Oil & Natural Gas Corporation, Dr Reddy's Lab, Bharti Airtel, HDFC and Hero MotoCorp were among the top gainers in the Sensex index.

On the contrary, Infosys, Tata Steel, Mahindra & Mahindra, State Bank of India, Coal India, Tata Motors and Larsen & Toubro were among the top losers.