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NEW DELHI: In line with the benchmark Sensex, the BSE Midcap index was trading in the negative territory in afternoon trade on Thursday.
Around 2:15 pm, the midcap index was 0.22 per cent down at 16,206, while the Sensex was 0.26 per cent down at 37,752.
The NSE Nifty50 was 0.29 per cent down at 11,401 around the same time.
Shares of Vakrangee (up 8.33 per cent), Tata Chemicals (up 3.98 per cent), United Breweries (up 3.57 per cent), IDBI Bank (up 3.32 per cent) and Aditya Birla Fashion and Retail (up 3.04 per cent) were among the top gainers in the midcap index.
On the other hand, Rajesh Exports (down 4.11 per cent), Piramal Enterprises (down 4.03 per cent), Jindal Steel Power (down 3.96 per cent), NLC India (down 3.47 per cent) and Steel Authority of India (SAIL) (down 3.43 per cent) were among the top losers in the index around the same time.
Equity market was reflecting weak sentiment, tracking weak Asian peers.
China stocks hit a near two-and-half-year low in early trading on Thursday as the yuan's recent fall dampened investor confidence, but news of Sino-U.S.
trade talks later this month helped recoup some of the losses, Reuters reported.
An unabated fall of the Indian rupee and sustained capital outflow in the wake of a continuous rise of US dollar also hit the market.
In the Sensex index, 17 stocks were advancing, while 14 were declining.
Kotak Mahindra Bank, Vedanta and HDFC were among the top losers in the Sensex kitty.
