BSE Smallcap index hits 9-year high

Total 34 stocks from the smallcap index hit their respective 52-week highs

Shares of smallcap companies are in focus with the S&P BSE Smallcap index hitting an over nine-year high on the BSE in intra-day trade on Thursday after a sharp rally in information technology (IT) and consumption related stocks.

The smallcap index hit an intra-day high of 13,665, its highest level January 8, 2008 in early morning trade. The index surpassed its previous high of 13,619 touched on November 1, 2016 in intra-day trade.

At 12:41 am, the S&P BSE Smallcap index erased early morning gain and was up 0.13% at 13,575, as compared to 0.1% decline each, in