Stock market update: Midcaps underperform Sensex; RCom, Apollo Hospitals drag

NEW DELHI: Midcaps were underperforming Sensex in Friday's afternoon session.

The BSE Midcap index was trading 0.09 per cent down at 15,853 around 12:16 pm on Friday, while the benchmark Sensex was 0.62 per cent up at 37,352 at that time.

Shares of Reliance Communications (down 5.37 per cent), Apollo Hospitals Enterprise (down 3.56 per cent), PNB Housing Finance (down 2.93 per cent), TI Financial Holdings (down 2.65 per cent) and ABB India (down 2.61 per cent) were among the top losers in the midcap index.


Jindal Steel & Power (up 3.68 per cent), Muthoot Finance (up 2.81 per cent), IIFL Holdings (up 2.78 per cent), NLC India (up 2.74 per cent) and Steel Authority of India (SAIL) (up 2.59 per cent) were among the top gainers in the index around the same time.

Among the 50 stocks in the Nifty index, 34 were trading in the green, while 16 were in the red.

In the Sensex kitty of stocks, 22 stocks were advancing and nine were declining.

Axis Bank, ICICI Bank, SBI and ITC were leading among Sensex gainers.

YES Bank, HUL, Sun Pharma, Infosys and Bharti Airtel were among the losers in the Sensex index.