BSE Smallcap index hits new high; crosses 20,000 mark

Uttam Galva, JVL Agro, Gujarat Ambuja Exports, Ducon Infra, Quick Heal, India Nippon Electricals, Jayant Agro Organics, Morepen Lab and Kiri Industries were up in the range of 8% to 15% on BSE

The S&P BSE Smallcap index hit a new high, crossing 20,000 marks on BSE on Thursday, after a strong rally in information technology (IT), construction, metals, textiles, auto ancillaries and chemical stocks.

At 11:16 AM; the S&P BSE Smallcap index, the largest gainer among broader indices, was up 0.78% at 20,059, as compared to 0.46% rise in the S&P BSE Midcap and unchanged in the benchmark S&P BSE Sensex at 34,429. The smallcap index hit a new high of 20,062, surpasses its previous high of 19,997 recorded on Wednesday in intra-day trade.

Uttam Galva Steels, JVL Agro Industries,