NEW DELHI: The BSE Midcap index was outperforming benchmark Sensex in Friday's session.Around 12:45 pm, the midcap index was 1.05 per cent up at 15,928, while the Sensex was 0.83 per cent up at 37,290.Biocon (up 8.04 per cent) was among the top gainers in the midcap index after the company reported its June quarter numbers.The company reported a 47 per cent rise in consolidated net profit for the quarter ended June 2018.Reliance Nippon Life Asset Management (up 7.84 per cent), Dalmia Bharat (up 4.72 per cent), Reliance Capital (up 4.38 per cent) and Castrol India (up 4.06 per cent) too were among the top gainers in the index.However, Cholamandalam Investment Finance Company (down 1.86 per cent), LT Finance Holdings (down 1.63 per cent), Crisil (down 1.54 per cent), Torrent Power (down 1.17 per cent) and Godrej Agrovet (down 1.07 per cent) were among the top losers in the index around the same time.
Gains in heavyweights such as Infosys, ITC, State Bank of India and Reliance Industries were keeping the equity benchmarks aloft, while firm global cues boosted the sentiment.Data showed that foreign institutional investors made sizeable buying on Thursday which further supported sentiment.ITC was leading the pack of Sensex gainers.
The stock was trading nearly 5 per cent up.