 "BSE Midcap, smallcap indices hit new high")
The S&P BSE Midcap and the S&P BSE Smallcap indices hit their respective new high on the BSE on Friday, following an extending rally in infrastructure, auto ancillary, education, textiles and public sector banks.
The S&P BSE Smallcap index hit a new high of 18,064.54, while the S&P BSE Midcap index touched a fresh high of 16,937.27 on the BSE in intra-day trade. Both these indices surpassed their previous high of 18,032.91 and 16,850.56, respectively, touched on November 7, 2017 in intra-day trade.
At 10:17 AM; the midcap and smallcap indices were up 0.6% each, as compared to 0.35% rise the benchmark index S&P BSE Sensex. The Sensex hit an intra-day high of 33,714.42 today, is 151.53 points away from its record high of 33,865.95 hit on November 7, 2017 in intra-day trade.
Sangam (India), Swaraj Engines, Praj Industries, Alankit, Indosolar, HSIL, MT Educare, INEOS Styrolution India and Patel Engineering from the smallcap indices have rallied more than 8%.
Crompton Greaves, RBL Bank, Page Industries, Natco Pharma, Shriram City Union Finance and Aditya Birla Fashion and Retail from the midcap index were up between 2% and 7%.
Swaraj Engines surged 16% to Rs 2,207 on the BSE in intra-day trade after auto ancillary company said that its board will meet on November 28, 2017, to consider the proposal to buyback the fully paid-up equity shares of the company.
Patel Engineering soared 11% to Rs 93, extending its Thursday’s 8% rally on the BSE, after the media report suggested that Lodha Developers has bought 5 acres of prime land in Mumbai’s Jogeshwari suburb from the company for Rs 376 crore.
The S&P BSE Smallcap index hit a new high of 18,064.54, while the S&P BSE Midcap index touched a fresh high of 16,937.27 on the BSE in intra-day trade. Both these indices surpassed their previous high of 18,032.91 and 16,850.56, respectively, touched on November 7, 2017 in intra-day trade.
At 10:17 AM; the midcap and smallcap indices were up 0.6% each, as compared to 0.35% rise the benchmark index S&P BSE Sensex. The Sensex hit an intra-day high of 33,714.42 today, is 151.53 points away from its record high of 33,865.95 hit on November 7, 2017 in intra-day trade.
Sangam (India), Swaraj Engines, Praj Industries, Alankit, Indosolar, HSIL, MT Educare, INEOS Styrolution India and Patel Engineering from the smallcap indices have rallied more than 8%.
Crompton Greaves, RBL Bank, Page Industries, Natco Pharma, Shriram City Union Finance and Aditya Birla Fashion and Retail from the midcap index were up between 2% and 7%.
Swaraj Engines surged 16% to Rs 2,207 on the BSE in intra-day trade after auto ancillary company said that its board will meet on November 28, 2017, to consider the proposal to buyback the fully paid-up equity shares of the company.
Patel Engineering soared 11% to Rs 93, extending its Thursday’s 8% rally on the BSE, after the media report suggested that Lodha Developers has bought 5 acres of prime land in Mumbai’s Jogeshwari suburb from the company for Rs 376 crore.
| COMPANY | LATEST | 1-WEEK BEFORE | GAIN(%) |
| PURAVANKARA | 149.20 | 96.90 | 54.0 |
| PRAJ INDS. | 118.45 | 78.00 | 51.9 |
| BF INVESTMENT | 419.70 | 298.85 | 40.4 |
| JAI CORP | 161.30 | 117.95 | 36.8 |
| KOLTE PATIL DEV. | 335.00 | 246.05 | 36.2 |
| ALANKIT | 50.30 | 37.00 | 36.0 |
| SPECIALITY REST. | 170.50 | 127.00 | 34.3 |
| OPTO CIRCUITS | 10.58 | 7.96 | 32.9 |
| ACTION CONST.EQ. | 141.85 | 108.15 | 31.2 |
| GITANJALI GEMS | 90.20 | 69.15 | 30.4 |
| NILA INFRASTRUCT | 23.45 | 18.15 | 29.2 |
| MT EDUCARE | 74.30 | 57.80 | 28.6 |
| ARSHIYA | 109.15 | 85.10 | 28.3 |
| SHIRPUR GOLD | 180.00 | 140.70 | 27.9 |
| APTECH | 386.85 | 306.15 | 26.4 |
| VIKAS ECOTECH | 28.10 | 22.25 | 26.3 |
| INDO RAMA SYNTH. | 37.50 | 29.85 | 25.6 |
| BOMBAY RAYON | 166.85 | 134.65 | 23.9 |
| STERLING TOOLS | 382.00 | 309.30 | 23.5 |
| SATIN CREDITCARE | 386.50 | 314.60 | 22.9 |
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