Benchmark indices trade higher, but midcaps outperform; VIX falls 10%

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Market Off Day's High:

Benchmark indices were off their day's high in afternoon with the Sensex hovering around 36,000 levels.

Infosys, SBI, Adani Ports, L&T, HDFC, IndusInd Bank, ICICI Bank and Yes Bank were positive contributors while Reliance Industries, Axis Bank, Bharti Airtel, Asian Paints, Titan Company and Cipla were under pressure.

The 30-share BSE Sensex gained 119.95 points at 35,987.39 and the Nifty50 rose 41.20 points to 10,833.70.

The broader markets remained strong with the Nifty Midcap index rising over a percent and Smallcap index climbing 2 percent amid strong breadth.

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Market Off Day’s High:

 

Benchmark indices were off their day’s high in afternoon with the Sensex hovering around 36,000 levels.

 

Infosys, SBI, Adani Ports, L&T, HDFC, IndusInd Bank, ICICI Bank and Yes Bank were positive contributors while Reliance Industries, Axis Bank, Bharti Airtel, Asian Paints, Titan Company and Cipla were under pressure.

 

The 30-share BSE Sensex gained 119.95 points at 35,987.39 and the Nifty50 rose 41.20 points to 10,833.70.

 

The broader markets remained strong with the Nifty Midcap index rising over a percent and Smallcap index climbing 2 percent amid strong breadth.