Broader markets outperform benchmark indices; BSE Midcap index up 1%

Top gainers from the Sensex pack are GAIL, ONGC, Infosys, SBI and Wipro

Nifty hovers around 8,600; midcap, smallcap outperform

Benchmark indices continue to trade in a narrow range amid volatility with Sensex and Nifty swinging between negative and positive zone. By 11:30 am, the S&P BSE Sensex was down 34 points at 27,793 and the Nifty50 slipped 4 points at 8,587. Among broader markets, BSE Midcap and Smallcap indices are up over 1% each. "Yesterday’s sharp falls have rendered the prices attractive, but volatility is likely to step up in the coming days, before easing, ensuring that some of the nearest supports stands the chance of being penetrated. 8555-8600 region is likely to hold ...