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PSU banks, Magma Fincorp drive S&P BSE SmallCap index near record high

In the past one week, Bank of Maharashtra and Indian Overseas Bank have surged up to 67 per cent on report that the government has shortlisted four mid-sized state-run banks for privatisation

Topics
BSE smallcap | Buzzing stocks | PSU bank stocks

SI Reporter  |  Mumbai 

funds, mf, mutual funds, equity, outflow, inflow, investment, investors, stocks, market
The S&P BSE Smallcap index has advanced 2.04 per cent in one week

The S&P index hit a fresh 52-week high of 20,064 points, up 1 per cent on the BSE in the intra-day trade on Thursday, on the back of continued upward movement in public sector undertaking (PSU) banks. The smallcap index is 133 points away from its all-time high level of 20,183 points touched on January 15, 2018.

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First Published: Thu, February 18 2021. 10:00 IST
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