The Sensex rose 19.64 points to 28899.02 while the Nifty declined 1.25 points to 8779.10. The BSE Midcap and Smallcap indices continued to outperform benchmarks, up 0.7-1 percent. More than two shares advanced for every share declining on the Bombay Stock Exchange.
The Nifty was at 8773 down 7 points or 0.08 per cent. It touched a high of 8803.70 and a low of 8767.80 in trade today. The S&P BSE Midcap Index was up 0.36 per cent and BSE S&P Smallcap Index edged higher by 0.77 per cent. The current rally in the market is on expectation of things improving in the second half of the year.
Shares of L&T, Sun Pharma, HUL, Bharti Airtel, Tata Steel and BHEL gained 1-1.5 percent while Tata Motors, Infosys, HDFC Bank, TCS, M&M and Dr Reddy's Labs fell 0.5-1 percent.
BHEL (up 1.1 per cent), L&T (up 1.05 per cent), State Bank of India BSE -0.26 % (up 0.82 per cent), HDFC (up 0.5 per cent) and Hindalco (up 0.47 per cent) were among the major Sensex gainers.
GAIL India (down 2 per cent), Dr Reddy's Laboratories (down 1.2 per cent), M&M (down 0.76 per cent), Tata Motors (down 0.58 per cent) and Coal India (down 0.44 per cent) were the major index losers.
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