BSE Smallcap index nears record high; 28 stocks hit new high

The S&P BSE Smallcap index was up 1% at 16,890 at 11:15 AM, gaining for the eight straight trading days.

The S&P BSE Smallcap index, the largest gainer among broader indices, was up 1% at 16,890 at 11:15 AM today, gaining for the eight straight trading day. The index is just 0.5%, or 92 points, away from its record high of 16,982 touched on September 20, 2017 in intra-day trade.

Since September 27, the smallcap index has rallied 7% as compared to 5% rise in the S&P BSE Midcap and 3% gain in the benchmark S&P BSE Sensex. The mid-cap index, on the other hand, is still 1.5% away from its record high touched on September 20, while Sensex