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.
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S&P BSE Midcap index
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