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Market in green. MIDCAP on fire.

Market in marginal green but Midcaps are moving ahead. Weak cues from Asian peers. Sensex gains 40 points with 19 advances and 11 declines. Nifty gains 13 points with 35 advances and 15 declines.

Crompton greaves more than 12% and surprises market. Mangalore refineries gains more than 4%. Financial Technology and MCX gains 4%. Indices of Media, Metal and Mipcap are on fire with 1% gain.

M&M loses more than 2%. ONGC and Future retail loses more than 1%. Indices of Auto and Finance goes into red region.

News Corner

Tata Capital invests in Shriram properties, which is expected to go for IPO.

Crompton Greaves said that its board of directors at the annual strategic review meeting on July 16 in Belgium proposed to demerge its consumer products business unit into a separate listed company.



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