A sharp turn in mid and small-cap index stocks have seen the market price of 14 companies rally more than 30% during the current week, taking cues from falling oil prices, strengthening of the rupee, strong inflows from domestic mutual funds and easing of US-China trade war fears.
PC Jeweller, Dhanlaxmi Bank, Reliance Communications, Adani Power, Bombay Dyeing & Manufacturing Company, DB Realty, KEI Industries, Usha Martin and Kalpataru Power Transmission were among 14 stocks, rallied in the range of 30% to 66% during the current week.
The S&P BSE Midcap and Small-cap index, were up 1.6% each
PC Jeweller, Dhanlaxmi Bank, Reliance Communications, Adani Power, Bombay Dyeing & Manufacturing Company, DB Realty, KEI Industries, Usha Martin and Kalpataru Power Transmission were among 14 stocks, rallied in the range of 30% to 66% during the current week.
The S&P BSE Midcap and Small-cap index, were up 1.6% each