India's Nifty mid-cap 100 index set to snap 11-day rally

Bharat Dynamics

28/05/2024 09:17

** India's Nifty mid-cap 100 index  .NIFMDCP100  down 0.7%
in mid-day trade, day after hitting a record high
    ** Index set to snap a 11-day rally during which it rose
7.4%
    ** Benchmark Nifty 50  .NSEI  up 0.1% on the day in volatile
trading; Nifty small-cap 100  .NIFSMCP100  down 0.6%
    ** About 30 mid-cap 100 stocks higher on the day, led by Sun
TV Network  SUTV.NS  4.2% gain
    ** Losses led by Bharat Dynamics's  BARA.NS  6.3% slide
    ** Still, Nifty mid-cap up 13.4% YTD, more than Nifty 50's
5.6% rise and Nifty small-cap's 11.6% gain

 (Reporting by Savio Dsouza)
 ((savio.dsouza@thomsonreuters.com;))