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BSE Smallcap index hits over 8-year high

TVS Motor, Aegis Logistics, Escorts, Jubilant Life, Jyothy Lab, Rushil Decor, Whirlpool India and Vakrangee are among 12 stocks from the BSE Smallcap index hitting their respective lifetime highs toda

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SI Reporter  |  Mumbai 

Shares of smallcap companies surged by up to 16% on the BSE in early morning trade on buying interest after the US Federal Reserve left interest rates unchanged on Wednesday. The S&P BSE Smallcap index was up 1%, hitting an over eight-year high on the BSE on Thursday.

At 09:34 am, the S&P BSE Smallcap index was up 1% at 12,949, as compared to 0.92% rise in the S&P BSE Midcap index and 1% gain in the benchmark S&P BSE Sensex. The smallcap index hit an intra-day high of 12,972, its highest level January 9, 2008. It touched an all-time high of 13,975 on January 7, 2008 in intra-day ...

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First Published: Thu, September 22 2016. 09:48 IST
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