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Mid-cap index outperforms Sensex


Graph showing 1-month return of BSE Sensex and BSE Mid-cap indexThe BSE Mid-cap index posted a rise of 1.1 percent on Tuesday even as the Sensex ended 0.4 percent higher after a volatile session.

NDTV climbing over 14 percent and Anant Raj Industries up 12.1 percent were the top gainers in the mid-cap index on Tuesday.

The mid-cap index has rallied 67 percent in 2009, significantly higher than the 56 percent return of the benchmark Sensex, data from Thomson Reuters shows.

The difference is even larger if we look at figures since April, when the mid-cap index jumped over 80 percent as compared to the Sensex rise of 55 percent.

Sensex ends lower after volatile session


INDIA-BUDGETThe Sensex remained volatile in trade and ended 77 points lower at 14,346 on fears that below normal monsoon rains can hurt the economy.

Reliance Industries, which has an over 14 percent weight in the benchmark, led the fall, slipping over 2 percent to 1,959 rupees. ITC, ONGC and BHEL were the other contributors.