Sensex, Nifty continue to remain rangebound; midcaps, metals surge

Benchmark indices continued to remain rangebound, with the Nifty trading absolutely flat.

The Sensex was up 20.62 points at 29946.77, while the Nifty was up 8.65 points at 9322.70. The market breadth was narrow as 1,424 shares advanced against a decline of 1,084 shares, while 139 shares were unchanged.

Midcaps continued their upmove, with the index soaring over half a percent, while metals too gained over a percent.

Tata Steel, Adani Ports, IOC and Tech Mahindra were the top gainers, while Hero MotoCorp, Bharti Airtel and Indiabulls Housing Finance lost the most.


Buzzing stock: Share price of ABB India touched 52-week high of Rs 1,578, surges 12.5 percent intraday Tuesday post March quarter (Q1) numbers.

The company's Q1 net profit was up 3.2 percent at Rs 88.2 crore against Rs 85.5 crore, in the same quarter last year.

Total income of the company increased 9.2 percent at Rs 2,318.8 crore versus Rs 2,123.6 crore.

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