Midcap index outperforms; Shriram Transport, MRF, Muthoot Finance gain 6%

At 02:44 pm, the S&P BSE Midcap index was up 1.3 per cent, as compared to a 0.73 per cent rise in the S&P BSE Sensex and 0.58 per cent gain in the S&P BSE Smallcap index.

Shares of midcap companies were in focus with the S&P BSE Midcap index outperforming the market by gaining more than 1 per cent on the back of strong rally in Shriram Transport Finance Company, MRF and Muthoot Finance, which were up more than 6 per cent on the BSE on Tuesday.

Colgate-Palmolive India, ACC, Zee Entertainment Enterprises and Adani Green Energy were up in the range of 5 per cent to 6 per cent, while, ABB, Tata Consumer Products, ICICI Securities, Ashok Leyland, Indraprastha Gas, Ramco Cements and Apollo Hospital Enterprises were up between 3 per cent to 4