NEW DELHI: Midcaps were underperforming benchmark Sensex during Tuesday's afternoon session.Around 12:20 pm, the BSE Midcap index was 0.12 per cent up at 15,731, while the Sensex was 0.32 per cent up at 35,582.
The Nifty50 was 0.28 per cent up at 10,792.GlaxoSmithKline Consumer Healthcare (up 4.96 per cent) was leading the pack of midcap gainers.Shares of GlaxoSmithKline Consumer Healthcare jumped on reports that Coca-Cola is set to buy GlaxoSmithKline's consumer nutrition business.Vakrangee (up 3.99 per cent), GMR Infrastructure (up 3.46 per cent), Ramco Cements (up 3.07 per cent) and Petronet LNG (up 2.08 per cent) too were among the top gainers in the index.On the other hand, Future Retail (down 3.05 per cent), Bharat Electronics (down 2.65 per cent), Adani Power (down 2.51 per cent), Tata Chemicals (down 2.22 per cent) and NBCC (India) (down 2.14 per cent) were among the top losers in the index around that time.
Gains in HDFC, ITC, TCS, HDFC Bank and IndusInd Bank gave a fillip to benchmark Sensex.In the Sensex index, 23 stocks were advancing and 8 stocks were declining.