 "Mid, small-cap indices move in range amid rise in benchmarks")
The broader market was moving in a narrow range with some positive bias on Wednesday amid a sharp rise in the benchmark index.
At 12:39 pm, the S&P BSE MidCap index was trading 0.06 per cent higher at 14,947, while the S&P BSE SmallCap index was up 0.07 per cent at 14,401. In comparison, the benchmark S&P BSE Sensex was up 0.81 per cent at 35,800.
Among the midcaps, Reliance Nippon Life Asset Management, Mphasis, Larsen & Toubro Infotech, Reliance Capital and Max Financial Services were trading 3-5 per cent higher, while Dewan Housing Finance Corporation, RBL Bank and Godrej Properties were down 3-4.5 per cent.
In the smallcaps, Sintex Plastics Technology, Hotel Leelaventure have surged 20 per cent in intra-day trade.
Shares of Hotel Leela Venture has risen 20 per cent to Rs 15.28 on the BSE in intra-day trade on reports that a consortium, including Thailand’s Minor International, is considering an investment of about Rs 2.5 billion ($350 million) to acquire a majority stake in Indian hospitality firm.
The stock has zoomed 73 per cent in past three trading days from Rs 8.85 on November 22, 2018. It touched a multi-year low of Rs 8.61 last Friday in intra-day trade on the BSE. READ HERE
S&P BSE Midcap index
S&P BSE Midcap index
| COMPANY | LATEST | CHG(RS) | CHG(%) | WEIGHT IN INDEX (%) |
| RELIANCE NIP.LIF | 172.70 | 10.10 | 6.21 | 0.17 |
| MPHASIS | 950.50 | 44.80 | 4.95 | 1.05 |
| L & T INFOTECH | 1641.40 | 52.90 | 3.33 | 0.86 |
| RELIANCE CAPITAL | 242.20 | 7.40 | 3.15 | 0.35 |
| L&T FIN.HOLDINGS | 135.45 | 4.10 | 3.12 | 1.17 |
S&P BSE Smallcap index
| COMPANY | LATEST | CHG(RS) | CHG(%) | WEIGHT IN INDEX (%) |
| SINTEX PLASTICS | 27.65 | 4.60 | 19.96 | 0.10 |
| HOTEL LEELA VEN. | 15.28 | 2.54 | 19.94 | 0.04 |
| PARSVNATH DEVL. | 9.19 | 1.45 | 18.73 | 0.01 |
| VADILAL INDS. | 564.50 | 81.00 | 16.75 | 0.01 |
| GODAWARI POWER | 288.00 | 27.00 | 10.34 | 0.03 |
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