Stock market update: Smallcaps lacklustre; Dilip Buildcon top loser in the pack

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: The BSE Smallcap index was 0.10 per cent down at 17,363 around 11:05 am on Wednesday. The BSE Sensex was 0.54 per cent down at
34,761, while the Nifty50 was at 10,575, down 0.55 per cent. Dilip Buildcon (down 10.16 per cent) was the top loser in the smallcap index
Dilip Buildcon Said that the company was declared the lowest bidder for hybrid annuity project PKG-I by NHAI, Reuters reported. Shares of
Arrow Greentech (down 9.99 per cent), Manpasand Beverages (down 9.99 per cent) and Waterbase (down 8.10 per cent) declined up to 10 per
cent. On the other hand, shares of Merck (up 16.73 per cent) zoomed almost 17 per cent. Jindal Poly Films (up 7.96 per cent), Astra
Microwave Products (up 7.26 per cent), Ruchi Soya Industries (up 6.46 per cent), Kiri Industries (up 5.56 per cent) and HPL Electric Power
(up 5.55 per cent) jumped over 5 per cent in the smallcap index. Coal India, Mahindra Mahindra and Power Grid Corporation were the top
gainers in the Sensex index. However, ICICI Bank, Tata Motors and Wipro were leading among Sensex losers