Nifty snaps 3-day fall ahead of F&O expiry; Midcap outperforms

Equity benchmarks snapped three-day losing streak on short covering but closed off day's high Wednesday as investors maintained a cautious approach ahead of Thursday's expiry of September futures & options contracts. 

 

Positive European cues also supported the market. The 30-share BSE Sensex was up 69.11 points at 28292.81 and the 50-share NSE Nifty rose 38.75 points to 8745.15 while the broader markets outperformed benchmarks again. The BSE Midcap and Smallcap indices gained around 1 percent each on positive breadth. About 1632 shares advanced against 1020 declining shares on the exchange. 

 

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