NBCC Update by Epic Research Volatility continued in equity benchmarks while the broader markets underperformed with the BSE Midcap and Smallcap indices falling 0.7 percent each.
The 30-share BSE Sensex gained 19.42 points at 27827.56 and the 50-share NSE Nifty fell 2.25 points to 8518.80. The market breadth was negative as about two shares slipped for every share rising on the Bombay Stock Exchange.
ITI shares rallied 16 percent after the Cabinet has approved the sale of assets of the company while NBCC lost 9 percent on equity dilution concerns after the government cleared stake sale in the company. The Government of India holds 90 percent stake each in companies.
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