Sensex, Nifty close flat; Midcaps party

Mumbai: The markets were range bound but did not witness any major downfall defying global trend.

Asian markets closed down and the European markets also opened weak ahead of the big event lined up on Friday, Bank of Japan meet.

Midcap stocks saw some good moves in today's trading session giving the markets decent breadth and volume.

The Sensex closed flat at 11,149.17 up 4 points. The Nifty gained 6 points to close at 3260.

The BSE Small Cap Index closed at 5,487.18 up 100 points or 1.86 per cent.

The BSE Midcap Index ended at 4,560.78, up 63 points or 1.4 per cent.

Among the midcap gainers; Geodesic was at Rs 151.20, up Rs 25.20 up 20.00 per cent, Mercator Lines was at Rs 34.50, up Rs 4.80, or 16.16 per cent, SRF was at Rs 238.35, up Rs 32.80, or 15.96 per cent, Uttam Sugar Mills was at Rs 209.55, up Rs 26.75, or 14.63 per cent and Rolta was at Rs 202.05, up Rs 22.30, or 12.41 per cent.

Most of the BSE sectoral indices closed flat.

The BSE Consumer Durables Index gained 1.37 per cent at 2,931.17. Titan Industries, BPL, Blue Star and Su-Raj Diamonds were among top gainers

The BSE Bankex was up 0.9 per cent at 5,103.37. PNB, Union Bank, IOB, Bank of India and ICICI Bank were among the gainers.

The BSE Metal Index advanced by 0.9 per cent at 8,121.09. Hind Zinc, Jindal Saw, Sterlite Ind, Welspun Guj and Hindalco witnessed buying interest.

The BSE IT Index was up by 0.5 per cent at 4,084.16 moved up. Mphasis BFL, HCL Tech, HCL Info, Wipro and Hexaware Tech jumped.

The BSE Health Care Index was up by 0.5 per cent at 3,358.43. Wockhardt, FDC, Cipla, Matrix Lab and Glenmark closed higher.

The BSE Capital Goods Index was up 0.14 per cent at 7,412.63. KEC Infrastructure, Aban LoydChiles, Crompton Greave and Alstom Projects closed higher.

The BSE FMCG Index was down 0.5 per cent at 1,919.10. Shaw Wallace, Britannia, ITC, Tata Tea and Nirma closed in green.

The BSE Auto Index lost 0.5 per cent at 4,667.12 and the BSE Oil and Gas Index lost 0.21 per cent at 5,083.34.

The NSE cash turnover was at Rs 6362.48 crore and the NSE F&O turnover was at Rs 21054.65 crore. The BSE cash turnover was Rs 3127.94 crore. Total market wide turnover was at Rs 30545.07 crore.

Markets Today:

• Markets end flat; action shifts to mid cap/small cap stocks
• Sensex ends flat at 11149.17; Nifty ends flat at 3260.10
• BSE Bank Index hold firm, up 0.92 per cent; HDFC up 3 per cent, ICICI Bank up 1.70 per cent
• BSE Metal Index up 0.92 per cent; Hind Zinc, Sterlite, Hindalco firm
• CNX Mid Cap Index outperforms major indices; up 1.55 per cent; Adv/Dec ratio at 3:1
• SRF up 16 per cent, Gujarat Flourochemicals up 10 per cent on carbon credit
• BSE Small Cap Index up 1.86 per cent; commodity stocks gain; Adv/Dec ratio at 3:1
• Goodricke Group up 20 per cent, Oudh Sugar, Jayshree Tea up 10 per cent each NSE Advance Decline ratio at 7:3
• Total market turnover at Rs 30545.07 cr Vs Rs 31565.78