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Broader markets outperform in a rangebound trade; Smallcap index up 1%

Broader markets continue to outperform the benchmark indices- BSE Midcap and Smallcap indices are up nearly 1% each

Markets open marginall negative; Axis Bank dips 2% on weak Q1 nos

Benchmark indices are trading in a narrow range with Sensex and Nifty swinging between negative and positive zone. By 10:35 am, the S&P BSE Sensex gained 24 points to trade at 27,827 and the Nifty50 inched up 7 points at 8,548. Broader markets continue to outperform the benchmark indices- BSE Midcap and Smallcap indices are up nearly 1% each. Asian shares held near nine-month highs on Monday as worries over the impact of Britain's Brexit vote eased, while the dollar was buoyed by a run of solid U.S. economic data. MSCI's broadest index of Asia-Pacific shares outside Japan ...