Sensex, Nifty continue to consolidate; Smallcap outperforms

The market continued to consolidate in morning trade with the Nifty hovering around its previous closing level. The BSE Smallcap index outperformed benchmarks, rising 0.6 percent.

The 30-share BSE Sensex was up 59.92 points at 27226.79 and the 50-share NSE Nifty gained 0.90 points at 8336.85. The market breadth remained positive as about 1367 shares advanced against 569 declining shares on Bombay Stock Exchange.

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