Markets: Midcap, Smallcap outperform Sensex today
The broader markets outperformed equity benchmarks after Federal Reserve hiked interest rate by 25 basis points to 1.25 %, which was on expected lines.
The 30-share BSE Sensex was up 18.30 points at 31,174.21 and the 50-share NSE Nifty fell 12.25 points to 9,605.90.
The BSE Midcap index was up 0.2 % and Smallcap gained 0.5 % on positive market breadth. About 1,148 shares advanced against 713 declining shares on the BSE.
Aurobindo Pharma was top gainer among Nifty stocks, up 3.5 % followed by NTPC, Adani Ports, Bharti Airtel, Dr Reddy’s Labs and Sun Pharma whereas GAIL, Coal India, Asian Paints, TCS, L&T, Bank of Baroda and BPCL were under pressure.
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