BSE Mid-cap indices snap 12-week winning streak since August 2020

In the aftermath of the pandemic, the BSE MidCap Index had risen for 14 consecutive weeks, clocking 29% gain

The S&P BSE MidCap Index’s 12-week gaining streak ended last week. Since bottoming out in June, the index, tracking the performance of 100 key mid-cap companies, rose 22 per cent through an uninterrupted 12-week winning run — its longest since August 2020. 

In the aftermath of the pandemic, the BSE MidCap Index had risen for 14 consecutive weeks, clocking 29 per cent gain.

The index was on course to post its 13th weekly advance. However, a near 3 per cent drop on Friday interrupted the winning run. The BSE MidCap Index ended 1.5 per cent lower last week, still outperforming