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Sensex off early high, Midcap outperforms; L&T gains, ITC drags



The 30-share BSE Sensex was up 66.47 points at 29,234.15 and the 50-share NSE Nifty rose 18.65 points to 9,049.10.

Ajay Srivastava, CEO of Dimensions Consulting believes that the market is waiting for a trigger now.

“A major trigger could be results…. the market is waiting for a confirmation from a first few results,” he told CNBC-TV18 in an interview. This will then decide the next upward or downward movements, he added.

The broader markets continued to outperform benchmarks, with the Nifty Midcap rising half a percent. About three shares advanced for every share falling on the BSE.

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Sensex off early high, Midcap outperforms; L&T gains, ITC drags

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