NEW DELHI: Erasing the gains of the early session, the BSE Midcap index was trading flat at 16,054 around 10:55 am on Thursday.
The BSE Sensex was 127 points up at 35,033, while the Nifty50 was 35 points up at 10,650 around the same time.Reliance Communications (up 8.86 per cent) was the top gainer in the midcap index.Shares of Reliance Communications were trading higher during Thursday's trade on the back of telco settling its dispute with Ericsson.GE TD India (up 7.82 per cent), GRUH Finance (up 3.59 per cent), Central Bank of India (up 2.44 per cent) and Page Industries (up 2.36 per cent) were also among the gainers in the index.On the other hand, Crisil (down 7.22 per cent) was trading as the top loser in the index.Shares of the rating agency fell a day after McGraw-Hill Asian Holdings picked up 6.32 lakh shares of the firm for an estimated Rs 117 crore through an open market transaction, PTI reported.
Vakrangee (down 4.96 per cent), Berger Paints (India) (down 3.28 per cent), GMR Infrastructure (down 3.01 per cent) and Alkem Laboratories (down 2.01 per cent) were also among the top losers in the index.Equity benchmarks were up on gains in the select bank, financial, IT, auto and metal stocks.ONGC, HDFC Bank and Coal India were leading the gang of Sensex gainers.