Sensex dips 275 points on profit-booking in banking stocks; Nifty below 12,700
Broader market indices saw buying, outperforming their headline peers in morning trade. Nifty Smallcap rose 0.48 per cent while Nifty Midcap added 0.36 per cent. Broadest index on NSE, Nifty 500 was down 0.05 per cent.