Despite weak global cues market is trading in a narrow range. Sensex and Nifty are falling upto 0.25 percent.
However Midcap and Smallcap stocks are seen in great enthusiasm. BSE Midcap and Smallcap index has gained 0.5 percent. Realty, Power and FMCG stocks are in buying trends. But banking and IT stocks market are under pressure.
The BSE 30-share index Sensex 56 points i.e with a loss of 0.2 percent is trading at 28282. While the 50-share NSE index Nifty 20 points i.e with weakness of 0.25 percent is trading at 8443.
During the market Zee entertainment, HCL Tech, Bajaj Auto, Dr Reddy's, ICICI Bank, Axis Bank and Bharti Airtel like giant stocks decline from 4.6 to 1.1 percent. However Gail, Asian Paints, Cipla, IndusInd Bank, ITC, BHEL and Tata Power like giant stocks have gained from 2.9 to 0.9 percent.
In Midcap stocks Gujarat Gas, Torrent Power, HMT, Oberoi Realty and SRF gained the most from 10 to 4.6 percent. In smallcap stocks Forbes Gokak, Tech Solutions, Spice Mobility, Eveready and KGN Enterprises rose highest 10-7 percent.
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