BSE Smallcap index at new high; Angel Broking, Apcotex zoom 100% in a month

Bajaj Hindustan, Praj Ind, Zee Media, Tata Steel BSL, Dhampur Sugar, Gateway Distriparks, Jay Bharat Maruti and Gokaldas Exports have rallied between 60% and 90% in the past month

The S&P BSE SmallCap index hit a new record high of 23,093 in the intra-day trade on Thursday driven by its constituents that have rallied by up to 112 per cent in the past one month after the respective companies reported a strong earnings show for the quarter ended March 2021 (Q4FY21).

At 12:48 pm, the S&P BSE Smallcap index, the top gainer among broader indices, was up 0.59 per cent as compared to a 0.16 per cent rise in the S&P BSE Midcap index and a 0.03 per cent decline in the benchmark index S&P BSE Sensex. In the