BSE Midcap index hits 52-week high; Berger Paints, IGL scale record highs

ICICI Securities, Reliance Nippon Life, Berger Paints, Whirlpool of India, IGL, AU Small Finance and Motilal Oswal Finance have rallied more than 40% from April 3, 2019 levels.

The S&P BSE Mid-cap index hit a 52-week high of 15,677 points on Friday, surpassing its previous high of 15,662 hit in April 3 last year, on the back of strong rally in Adani, Tata Group, financials, pharmaceuticals and consumer discretionary goods & services stocks. 

Adani Transmission, Adani Power and Adani Enterprises from the Adani Group, while Tata Global Beverages and Tata Chemicals from the Tata Group have rallied more than 25 per cent from their respective April 3, 2019 levels.

Besides, ICICI Securities, Reliance Nippon Life Asset Management, Berger Paints, Whirlpool of India, Indraprastha Gas (IGL), AU Small Finance and Motilal