BSE Smallcap index hits new high; Vimta Labs, Necter Lifesciences zoom 20%

The Smallcap index outperformed the market by gaining 6% from its recent closing level low of 17,273 on November 15, against 4% rise in Midcap and 1% gain in Sensex during the same period

The S&P BSE Smallcap index hit a new high of 18,411 in early morning trade on Friday on back of strong rally in pharmaceuticals, information technology (IT), restaurants, auto ancillary and consumer discretionary stocks. The index surpassed its previous high of 18,324.83, touched on November 29, 2017 in intra-day trade on the BSE.

At 01:06 PM; the S&P BSE Smallcap index was trading at 18,331 points, outperforming the market by gaining 6.1% from its recent closing level low of 17,273 on November 15, 2017. On comparison, the S&P BSE Midcap and the S&P BSE Sensex were up 4.1% and