Stock market update: Midcaps in sync with Sensex; Max Financial, Dalmia Bharat among top losers

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: The midcaps were trading in sync with benchmark Sensex in Monday's trading session. Around 10:55 am, the BSE Midcap index was
0.06 per cent down at 15902, while the BSE Sensex was 0.09 per cent down at 37,302. Shares of Bharat Electronics (BEL) (up 5.23 per cent),
Bank of India (up 4.34 per cent), IDFC Bank (up 4.07 per cent), Vakrangee (up 3.83 per cent) and Union Bank of India (up 3.76 per cent) were
among the top gainers in the midcap index. However, Max Financial Services (down 4.48 per cent), Dalmia Bharat (down 3.10 per cent), TVS
Motor Company (down 2.60 per cent), 3M India (down 2.14 per cent) and JSW Energy (down 1.87 per cent) were among the top losers in the index
around that time
Equity benchmarks erased early gains and turned flat ahead of RBI policy meet beginning today. Global cues too were subdued ahead of key
central bank, including Bank of Japan and the Federal Reserve meetings, scheduled this week. HDFC twins, Infosys, Larsen Toubro and ITC
were among the top drags on Sensex
State Bank of India, ICICI Bank and Reliance Industries were among top Sensex gainers.