Share market update: Midcaps outperform Sensex; Reliance Infra, Jindal Steel jump 4%

Share market update: Midcaps outperform Sensex; Reliance Infra, Jindal Steel jump 4%
Vedanta, Axis Bank and Sun Pharma were among the top gainers in the Sensex index.
NEW DELHI: Midcaps were outperforming benchmark Sensex during Monday's trade.

Around 11:25 am, the BSE Midcap index was 1.09 per cent up at 16235, while the 0.56 per cent up at 35,856. The Nifty50 was 0.51 per cent up at 10,828 around that time.

Shares of Reliance Infrastructure (up 3.87 per cent), Reliance Capital (up 3.64 per cent), Jindal Steel & Power (up 3.53 per cent), Berger Paints (India) (up 3.09 per cent) and Max Financial Services (up 2.77 per cent) were among the top gainers in the midcap index.

On the other hand, Au Small Finance Bank (down 4.89 per cent), Bayer Cropscience (down 1.15 per cent), Apollo Hospitals Enterprise (down 0.93 per cent), 3M India (down 0.65 per cent) and Piramal Enterprises (down 0.63 per cent) were among the top losers in the index around the same time.

Market was in the positive territory on buying in most sectors amid positive global cues.

A fresh rise in the Indian rupee against the US dollar also influenced the sentiment.

Among the 50 stocks in the Nifty index, 39 were trading in the green, while 11 were in the red.

In the Sensex kitty, 27 were advancing, while 4 were declining.

Vedanta, Axis Bank and Sun Pharma were among the top gainers in the Sensex index.
Commenting feature is disabled in your country/region.