BSE Midcap, Smallcap indices hit record highs

Smallcap index rallied 0.83% to 14,315, surpasses its previous high of 14,239 hit on January 8, 2008

Shares of midcap and smallcap companies continued their upward journey with the S&P BSE Midcap and S&P BSE Smallcap indices hitting a new lifetime high on the BSE in early morning trade on Thursday.

The S&P BSE Smallcap index rallied 0.83% to 14,315, surpassing its previous high of 14,239.24 touched on January 8, 2008 in intra-day trade.

Meanwhile, the S&P BSE Midcap index hit a record high of 14,002, up 0.49%. In comparison, the S&P BSE Sensex was up 0.28% at 29,620.70. The 30-share Sensex is 404 points away from its record high of 30,024.74 touched on March 4, 2015.