BSE Midcap index hits record high; Adani Transmission zooms 67% in 1 month

Individually, Hindustan Aeronautics, Info Edge, L&T Infotech, Oracle Financial Services and PI Industries hit their respective record highs

The S&P BSE MidCap index hit a record high of 23,655.61, up 1.7 per cent on the BSE in the intra-day trade on Monday, on the back of a sharp rally in stocks of Adani Group, auto ancillary, non-banking finance companies (NBFCs) and broking companies. The index was trading higher for the fourth straight day, after correcting 4 per cent from its previous high of 23,478 touched on August 4, 2021.

Individually, ABB, Alkem Laboratories, Bajaj Holdings, Hindustan Aeronautics (HAL), Info Edge (India), L&T Infotech, Oracle Financial Services Computer and PI Industries from the midcap index hit their respective