Live Stock Market Updates: Markets trade in red; Broader market indices outperforms major indices

BSE Mid-cap index is outperforming the major indices in the market in the morning hours on Friday. 3M India Limited is the top gainer in the index trading at Rs 11775 per share, higher by 4.8%.Hindustan Petroleum Corporation Limited is the biggest contributor to the index gains trading at Rs 527 per share up by 1.8%.There are 956 advances, 569 declines and 394 unchanged stocks on NSE reflecting fairly positive bias floating in the market.

The S&P BSE Sensex is trading at 29576 down 70 points, while NSE Nifty is trading at 9155 down 18 points. A total of 73 stocks registered a fresh 52-week high in trade today, while 15 stocks touched a new 52-week low on the NSE.The BSE Mid-cap Index is trading up 0.5% at 14060, whereas BSE Small-cap Index is trading up 0.5% at 14409.Some buying activity is seen in Healthcare, Metal, Auto, while FMCG, Information Technology and Telecom are showing weakness on BSE.

BPCL, Hindalco, Zee Entertainment Enterprises, Tata Steel and Reliance are among the gainers, whereas HDFC Bank, Wipro, Bharti Airtel and HCL Technologies and Cipla are losing sheen on NSE in the first trading hour.