The 30-share BSE Sensex scaled a fresh record high on Monday and settled 255 points higher at 31,311 with momentum indicator moving average convergence divergence, or MACD, showing that 92 stocks on BSE have witnessed an upward crossover, or bullish crossover, signalling that they have begun an upward journey.
Midcap stocks were outperforming other broader indices in morning trade with NLC India gaining over nearly 5 per cent on Tuesday around 11.30 am (IST)
Major midcap stocks that gained above 1 per cent in trade so far includes Tata Power Company, Marico, Torrent Power Mahindra & Mahindra Financial Services, Petronet LNG, LIC Housing Finance, Godrej Industries 1.61 %, Max Financial Services, Bajaj Holdings & Investment, Tata Chemicals, Bharat Forge 0.70 %, Aditya Birla Nuvo, Adani Power, MRF and Procter & Gamble Hygiene & Healthcare.
On the contrary, Central Bank of India emerged as the top loser, followed by Page Industries,IDBI Bank, Berger Paints (India), National Aluminium Company, Adani Enterprises, Glenmark Pharmaceuticals, Sun TV Network, Colgate-Palmolive and Bank of India.
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