Shares of small-cap companies are on a roll with 23 stocks from the BSE Smallcap index surging over 100% in past four months.
At 12:00 pm; the S&P BSE Smallcap index was up 0.35% at 15,434, hitting a new high of 15,486 during intra-day trade on Wednesday.
Since December 26, from their recent lows, the BSE Smallcap has outperformed the market by 33.6% as compared to 29% rise in Midcap index and 16.7% gain in the benchmark Sensex.
Out of 772 stocks from the BSE Smallcap index, less than half or 305 stocks outpace the index by
At 12:00 pm; the S&P BSE Smallcap index was up 0.35% at 15,434, hitting a new high of 15,486 during intra-day trade on Wednesday.
Since December 26, from their recent lows, the BSE Smallcap has outperformed the market by 33.6% as compared to 29% rise in Midcap index and 16.7% gain in the benchmark Sensex.
Out of 772 stocks from the BSE Smallcap index, less than half or 305 stocks outpace the index by