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Broader markets underperform; BSE Mid-cap index dips over 1%

Shares of companies exporting to Europe such as Motherson Sumi and Bharat Forge were among the top losers

Broader markets underperform; BSE Mid-cap index dips over 1%

SI Reporter Mumbai
The broader markets continued to underperform the benchmark share indices in noon trades on Monday as investors booked profits in the broader markets.

At 1:25PM, the BSE Mid-cap index was down 1.3% at 10,226 while the Small-cap index was down 0.8% at 10,522.

Shares of export-led companies with exposure to Europe were among the top losers with Motherson Sumi Systems and Bharat Forge emerging as the top losers down 5% each.

Mid-cap pharma stocks were also among the top losers with Divis Labs, Wockhardt Pharma, Cadilla Healthcare, Aurobindo Pharma and Glenmark Pharmaceuticals down 1-3.5% each.

Other mid-cap losers include, Container Corporation, Bajaj Finserv, Shriram Transport Finance, Godrej Consumer Products, GMR Infrastructure and Apollo Hospitals down 3-4% each.
 


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First Published: Sep 07 2015 | 1:25 PM IST

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