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Sensex consolidates, midcap outperforms; ONGC, Infosys drag

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The market remained in a consolidation mode from early trade today but the broader markets outperformed frontline indices with the BSE Midcap and Smallcap indices rising 0.6 percent each.

The 30-share BSE Sensex rose 12.23 points to 27597.50 and the 50-share NSE Nifty climbed 17.25 points to 8340.25. About 1248 shares have advanced, 700 shares declined, and 321 shares are unchanged on the BSE.

The Sensex is up 48.57 points at 27633.84 and the Nifty is up 23.15 points at 8346.15. About 465 shares have advanced, 133 shares declined, and 276 shares are unchanged.

The Indian rupee opened higher by 8 paise at 62.08 per dollar against previous day's closing value of 62.16 a dollar.

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