Sensex volatile, Mid & Smallcap outperform; Axis Bank loses 4%

Equity benchmarks remained volatile in noon trade while the broader markets outperformed with the BSE Midcap and Smallcap indices rising 0.7 percent each.


The 30-share BSE Sensex was down 8.48 points at 28764.65 and the 50-share NSE Nifty declined 1.10 points to 8866.35.


Axis Bank was the biggest loser, down nearly 4 percent followed by ITC, Lupin, ICICI Bank, HUL and Tata Motors whereas BHEL gained the most, up 2 percent. Reliance Industries, HDFC Bank, TCS, ONGC and HDFC were other gainers.
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