Tata Motors & RIL gain, IT drags; Sensex choppy, Midcap falls

Equity benchmarks continued to be volatile in noon trade while the broader markets underperformed with the BSE Midcap and Smallcap indices falling over half a percent.

The 30-share BSE Sensex gained 15.92 points at 25246.28 and the 50-share NSE Nifty fell 2 points to 7729.05. The market breadth was negative as more than two shares declined for every share rising on Bombay Stock Exchange.

Tata Motors and NTPC topped buying list on Sensex, up 1.8 percent and 2.9 percent, respectively. Reliance Industries, ITC and ICICI Bank gained nearly a percent while TCS, L&T, Sun Pharma, Bajaj Auto and ONGC declined over a percent.

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Posted in: Indian Market Tips