Todays Market Nifty  8,808.40 (+28.55) (+0.33%)

Sensex    28,634.50 (+35.47) (+0.12%)

Markets remain range-bound; BSE Midcap index up 0.5%

In the broader markets, the BSE Midcap and Smallcap indices were up 0.5% each

Benchmark indices are trading in a narrow range with positive bias led by firm European cues along with select blue-chip companies leading the gains.

At 14:03 pm, the S&P BSE Sensex was up 40 points at 28,639 and the Nifty50 gained 27 points at 8,807. In the broader markets, the BSE Midcap and Smallcap indices were up 0.5% each.

Asian shares advanced on Monday as markets wagered the US Federal Reserve would skip a chance to raise rates this week, while oil bounced on talk of an OPEC deal on output and reports of fighting around Libyan oil ports.    

In the two-wheeler space, Bajaj Auto and Hero MotoCorp were down 0.5%-0.9% each.

Among others, Shares of select textile companies were trading higher by up to 8% on the BSE on expectation of pick- up in sales in coming months in light of good monsoon, 7th pay commission payouts and festive season. Raymond, Alok Textiles, Himatsingka Seide, Aarvee Denims, Trident, DCM and Maxwell Industries were up over 2% each.