BSE Consumer Discretionary index hits new high; Shalimar Paints surges 17%

Mahindra Holidays & Resorts, Lux Industries, Dish TV India and Borosil rallied more than 10 per cent on the BSE in intra-day trade

Shares of consumer discretionary companies were in focus at the bourses on Wednesday, with the S&P BSE Consumer Discretionary Goods & Services hitting a new high after a strong rally in smallcap stocks like Mahindra Holidays & Resorts, Lux Industries, Dish TV India, Shalimar Paints and Borosil, which rallied more than 10 per cent on the BSE in intra-day trade.

The S&P BSE Consumer Discretionary Goods & Services index was up nearly 1 per cent at 4,892.63 on the BSE in intra-day today, surpassing its previous high of 4,856.98, touched on February 16, 2021. In comparison, the benchmark S&P