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Small, midcaps see best start in 3 yrs; will 2020 see meaningful recovery?

S&P BSE SmallCap index has climbed over 6 per cent in January so far, outperforming the benchmark S&P BSE Sensex.

Deepak Korgaonkar & Swati Verma  |  Mumbai / New Delhi 

Continuing their dream run, benchmark indices touched fresh milestones on Thursday with the S&P BSE Sensex scaling the 42,000-mark and NSE’s Nifty hitting the zenith of 12,389 levels. That said, what is noteworthy is that even the broader market (mid and small-cap segments) participated in the rally.

So far in January, the S&P BSE SmallCap index has climbed over 6 per cent thus outperforming the benchmark S&P BSE Sensex, which has gained 1.5 per cent. The S&P BSE MidCap index has added 3.6 per cent during the period. In fact, this is their best start to a new year in the past ...

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First Published: Thu, January 16 2020. 14:42 IST
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