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Market Now: BSE Midcap index down; Vakrangee plunges 5%

NEW DELHI: The BSE Midcap was trading 0.10 per cent down at 16,395 around 10:50 am (IST) on Thursday, with shares of Vakrangee (down 4.99 per cent) as the top losers.

Sun TV Network (down 2.67 per cent), Dalmia Bharat (down 1.95 per cent), Cummins India (down 1.86 per cent), Emami (down 1.26 per cent), Bharat Electronics (down 1.23 per cent), Central Bank of India (down 1.21 per cent), Endurance Technologies (down 1.15 per cent), The Ramco Cements (down 1.10 per cent), Berger Paints (India) (down 1.10 per cent), Bank of India (down 1.05 per cent), Mahindra & Mahindra Financial Services (down 1.04 per cent) were also among the losers in the BSE Midcap index.

On the other hand, shares of Biocon (up 4.07 per cent), Larsen & Toubro Infotech (up 3.28 per cent), GRUH Finance (up 3.04 per cent), MphasiS (up 2.62 per cent), Shriram Transport Finance Company (up 2.09 per cent) and GlaxoSmithKline Consumer Healthcare (up 2.09 per cent) were among the top gainers in the midcap index.

Benchmark indices were in the negative zone, tracking global cues. Investors were seen cautious ahead of the expiry of February series futures and options contracts later in the day.

The BSE Sensex was 96 points down at 33,749, while the NSE Nifty50 index was 38 points down at 10,360 around 10:50 am.

Among the 50 stocks in the Nifty50 index, 14 were trading in the green, while 36 were in the red.

Sun Pharma, Adani Ports and Tata Steel were leading among the gainers in the Sensex index.

However, ONGC, Dr Reddy's Labs and Asian Paints were among the top losers in the Sensex kitty of stocks.

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