BSE SmallCap gains for 9th day in a row; Shankara Building up 73% in 2 wks

In the past two weeks, the S&P BSE Smallcap index has outpaced the market by surging 6 per cent, as compared to a 3 per cent rise in the S&P BSE Midcap and 1.3 per cent gain in the S&P BSE Sensex.

Shares of smallcap companies continued their upward move on Tuesday with the BSE Smallcap index rising for the ninth straight session, on a sharp V-shape recovery in beaten down stocks.

In the past two weeks, the S&P BSE Smallcap index has outpaced the market by surging 6 per cent, as compared to a 3 per cent rise in the S&P BSE Midcap and 1.3 per cent gain in the benchmark S&P BSE Sensex.

Shankara Building Products, India Tourism Development Corporation (ITDC), Goa Carbon, HEG, Khadim India, Rain Industries, TVS Electronics and Liberty Shoes were among the beaten down