Ways2Capital Morning Update : Nifty Holds 8700 Amid Consolidation

Equity benchmarks remained lacklustre in morning trade as investors awaited RBI monetary policy due next week and more corporate earnings after digesting Union Budget.
The 30-share BSE Sensex was down 17.67 points at 28208.94 and the 50-share NSE Nifty fell 1.75 points to 8732.50 while the broader markets outperformed benchmarks.
The BSE Midcap index gained 0.85 percent and Smallcap soared 0.65 percent on positive breadth. About two shares advanced for every share falling on the exchange.
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