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Mid, small-cap stocks outperform benchmarks; HUDCO climbs 5%

The broader market was outperforming the benchmark indices in the noon deals on Thursday

SI Reporter  |  New Delhi 

For a liquid secondary market

The broader market was outperforming the benchmark indices in the noon deals on Thursday. At 12:07 pm, S&P was trading at 15,168 levels, up46 points or 0.3 per cent while S&P was ruling 37 points or 0.3 per cent up at 14,638 levels. In comparison, the S&P BSE was down 107 points or 0.3 per cent lower at 36,105 levels.

Among the midcaps, Housing and Urban Development Corporation (HUDCO), Larsen & Toubro Infotech, and were trading 1-3 per cent higher, while Adani Power, Jindal Steel and Central bank were down 1-2 per cent.

The shares of rose as much as 5.27 per cent at Rs 44.90 apiece on BSE as the company has achieved the level of Loan Sanctions of Rs 12,115.68 crore and Loan Releases of Rs 12,850.29 crore (release against current year sanction is Rs 5107.33 crore and release against previous year sanction is Rs. 7742.96 crore), as on 31st December 2018, for the financial year 2018-19, the company said in a press note after market hours to the exchanges on Wednesday.

In Smallcaps, the shares of HOV Services, and Hindustan Construction have surged over 15 per cent in intra-day trade.

First Published: Thu, January 10 2019. 12:43 IST
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