The S&P BSE Smallcap index hit a fresh 9-year high of 14,135 on Friday in intra-day trade on the back of healthy gains in constructions, information technology, state-owned banks and paper stocks. The index is 104 points away from its all-time high of 14,239 touched on January 8, 2008.
On closing levels, the index ended at 14,028, surpassing its previous high of 13,975.19 hit on January 7, 2008.
At 10:56 am; the S&P BSE Smallcap index was up 0.74% at 14,131 as compared to 0.40% rise each in the benchmark S&P BSE Sensex and S&P BSE Midcap index.
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