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Sensex, Midcap ranged; Nifty around 9600; Aurobindo Pharma up 11%

Market Update
: Benchmark indices as well as broader markets were volatile in morning trade, with the Nifty hovering around 9600 level.

The 30-share BSE Sensex was up 16.64 points at 31,125.92 and the 50-share NSE Nifty fell 1.95 points to 9,602.95.

The market breadth remained negative as about three shares declined for every two shares rising on the BSE.

Buzzing: Aurobindo Pharma share price surged 10.6 percent intraday after the company said it is less worried about pricing pressure in the US and is confident about FY18 growth despite weak Q4 earnings.

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