Nifty hovers around 10,450, midcap continue to outperform; M&M dips

Equity benchmarks continued to consolidate in morning, with the Nifty hovering around 10,450 levels but the broader markets continued to outperform.

The 30-share BSE Sensex was up 6.79 points at 33,784.17 and the 50-share NSE Nifty rose 9.20 points to 10,453.40.

The Nifty Midcap index gained half a percent. About three shares advanced for every share falling on the BSE.

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Sensex, Nifty rangebound; RBI’s MPC meet outcome awaited Sensex, Nifty continue to be sluggish ahead of RBI policy; Europe mixed
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