Stock Market

NEW DELHI: In line with benchmarks Sensex, the BSE Midcap and Smallcap indices were trading up during Wednesday's session.However, in terms of percentage gains, the midcap index was better off than Sensex, but the smallcap index lagged the benchmark.Around 10:55 am, the BSE Midcap index was trading 0.40 per cent up at 16,048, while the BSE Smallcap index was trading 0.04 per cent up at 16,418.
The BSE Sensex was 0.27 per cent up at 37,391 at that time.
Shares of Muthoot Finance (up 4.16 per cent), Steel Authority of India (SAIL) (up 3.88 per cent), Tata Power Company (up 3.22 per cent), Union Bank of India (up 3.07 per cent) and Jindal Steel Power (up 3.07 per cent) were among the top gainers in the midcap index.However, Reliance Nippon Life Asset Management (down 8.99 per cent), IIFL Holdings (down 3.24 per cent), Reliance Infrastructure (down 2.36 per cent), Shriram City Union Finance (down 2.02 per cent) and NBCC (India) (down 1.94 per cent) were among the top losers in the midcap index.In the smallcap index, shares of PG Electroplast (up 16.17 per cent), Pokarna (up 12.24 per cent), Star Paper Mills (up 8.88 per cent), Kohinoor Foods (up 8.65 per cent) and JK Paper (up 8.32 per cent) were among the top gainers.Rolta India (down 19.96 per cent), KEI Industries (down 6.38 per cent), Ucal Fuel Systems (down 5.62 per cent), 3i Infotech (down 5.24 per cent) and ILFS Investment Managers (down 5.19 per cent) were among the top losers in the smallcap index.Market was in the positive territory amid firm global cues and a fresh rise in the Indian rupee against the US dollar.
Among the 50 stocks in the Nifty index, 38 were trading in the green, while 12 were in the red.
In the Sensex basket, 23 stocks were advancing and eight were declining.Tata Steel, ONGC and Coal India were leading among Sensex gainers.





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