BSE Smallcap index hits new high

The S&P BSE Smallcap index hit a new high of 17,020, surpassed its previous high of 16,982 touched on September 20, 2017 in intra-day trade.

The S&P BSE Smallcap index hit a new high of 17,020 on BSE in early morning trade on Wednesday, after a strong rally in chemicals, infrastructure, fertilisers, metals and auto parts & equipment stocks. The index surpassed its previous peak of 16,982 touched on September 20, 2017 in intra-day trade.

The smallcap index, the largest gainer among broader indices, was up nearly 1% at 17,007 at 09:21 AM today, gaining for the ninth straight trading day. Since September 27, the smallcap index has rallied 8% as compared to 5% surge in the S&P BSE Midcap and 3% rise in