Midcaps, smallcaps such as SKumars, Titan Ind, Jindal Worldwide in focus

MUMBAI: Even as frontline stocks remained subdued on Wednesday, secondline counters attracted investor attention.

While mid-cap stocks have surprised investors by holding up in recent trading sessions, market watchers, however, predict that it is the large caps that will lead any sharp recovery.

BSE Midcap Index rose 1.05 per cent with SKumars, up 6.98 per cent, the biggest gainer. Shaw Wallace (5.81%), Redington (3.91%), HT Media (3.85%) and Titan Industries (2.12%) also posted decent gains.

In the smallcap pack, Jindal Worldwide (19.89%), Lloyd Metals (9.52%), Gokaldas Exports (8.84%), Himatsingka Seide (7.46%) and Balmer Lawrie (7.02%) propelled the BSE Smallcap Index up 0.37 per cent.

Meanwhile, the BSE Sensex was down 0.12 per cent or 10.39 points at 8,728.85 and the NSE Nifty was down 0.03 per cent or 1 point at 2657.