Nifty under pressure, Midcap outperforms; metals stocks shine

Epic Update HDFC Bank
Epic Update HDFC Bank

Equity benchmarks remained under pressure in noon but broader markets outperformed due to rally in metals and fertiliser stocks.

The 30-share BSE Sensex was down 72.81 points at 29,574.61 and the 50-share NSE Nifty fell 14.65 points to 9,159.10.

The BSE Midcap and Smallcap indices gained 0.6 percent each as about three shares advanced for every two shares falling on the exchange.

Index heavyweights HDFC Bank, ITC and HDFC dragged the market lower whereas Reliance Industries and L&T continued to support the market.
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