BSE Smallcap index hits 52-week high; CARE Ratings zooms 47% in 8 days

Indiabulls Real Estate, STC India, Gati, Puravankara, IG Petrochemicals, Apcotex Industries, CARE Ratings, NRB Bearings and Somany Ceramics gained up to 16 per cent in intra-day on the BSE

Shares of smallcap companies were in focus at the bourses on Friday, with the S&P BSE Smallcap index rising nearly 1 per cent and hitting a 52-week high level.

At 10:38 am, the S&P BSE Smallcap index, the top gainer among broader indices, was up 0.58 per cent at 15,557 points, as compared to a marginal 0.08 per cent rise in the S&P BSE Sensex. The smallcap index hit a 52-week high of 15,567, surpassing its previous high of 15,461.62, touched on September 17, 2020.

Among individual stocks, Indiabulls Real Estate, STC India, Gati, Puravankara, IG Petrochemicals, Apcotex