BSE Mid-cap indices snap 12-week winning streak since August 2020

In the aftermath of the pandemic, the BSE MidCap Index had risen for 14 consecutive weeks, clocking 29% gain

markets
Premium

Samie Modak Mumbai
The S&P BSE MidCap Index’s 12-week gaining streak ended last week. Since bottoming out in June, the index, tracking the performance of 100 key mid-cap companies, rose 22 per cent through an uninterrupted 12-week winning run — its longest since August 2020. 

In the aftermath of the pandemic, the BSE MidCap Index had risen for 14 consecutive weeks, clocking 29 per cent gain.

The index was on course to post its 13th weekly advance. However, a near 3 per cent drop on Friday interrupted the winning run. The BSE MidCap Index ended 1.5 per cent lower last week, still outperforming

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 19 2022 | 6:10 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com