Stock market update: Midcaps underperform Sensex; Adani Power top loser of the pack
NEW DELHI: Midcaps were underperforming benchmark Sensex in afternoon trade on Tuesday.
Around 12:15 pm, the BSE Midcap index was 0.32 per cent down at 16,197, while the BSE Sensex was flat at 37,691. The NSE Nifty50 was also flat at 11,385 around that time.
Adani Power, MFSL, Reliance Nippon Life Asset Management, IDBI Bank and Tata Chemicals were among the top losers in the midcap pack.
On the other hand, TVS Motor Company, Torrent Pharmaceuticals, LIC Housing Finance, Housing and Urban Development Corporation (HUDCO) and Exide Industries were the top gainers in the midcap index.
Market was trading flat as gains in YES Bank, Asian Paints and Maruti was offset by losses in Reliance Industries, Adani Ports, Axis Bank and TCS.
Most sectors on BSE were trading with losses, with power, energy, utilities, oil & gas and realty leading among losers.
In the Sensex index, 17 stocks were advancing, while 14 were declining in trade.
YES Bank and Asian Paints were leading among Sensex scrips, whereas Adani Ports and Coal India were among the top losers in the Sensex index.
Around 12:15 pm, the BSE Midcap index was 0.32 per cent down at 16,197, while the BSE Sensex was flat at 37,691. The NSE Nifty50 was also flat at 11,385 around that time.
Adani Power, MFSL, Reliance Nippon Life Asset Management, IDBI Bank and Tata Chemicals were among the top losers in the midcap pack.
On the other hand, TVS Motor Company, Torrent Pharmaceuticals, LIC Housing Finance, Housing and Urban Development Corporation (HUDCO) and Exide Industries were the top gainers in the midcap index.
Market was trading flat as gains in YES Bank, Asian Paints and Maruti was offset by losses in Reliance Industries, Adani Ports, Axis Bank and TCS.
Most sectors on BSE were trading with losses, with power, energy, utilities, oil & gas and realty leading among losers.
In the Sensex index, 17 stocks were advancing, while 14 were declining in trade.
YES Bank and Asian Paints were leading among Sensex scrips, whereas Adani Ports and Coal India were among the top losers in the Sensex index.