Nifty Midcap index closes at record high

Biocon, Indraprastha Gas, Natco Pharma, Sun TV and Vakrangee hit record highs.

The Nifty Midcap index (Midcap100) ended at a record high on Monday, after a strong rally in financial and metal stocks on the National Stock Exchange (NSE).

 
The index closed at 16,174, up 0.8 per cent, surpassing its previous high of 16,076 on October 5, 2016. In intra-day trade, the index hit a high of 16,225.
 
In comparison, the Nifty 50 index ended 0.7 per cent higher at 8,801 and is 2.2 per cent, or 195 points, away from its record high close of 8,996 on March 3, 2015. The index hit an all-time high of 9,119 in intra-day