Business Standard

Small-cap index outperforms broader indices

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SI Reporter Mumbai

The BSE, Small-cap index outperformed the broader indices on the first trading day of the new financial year by appreciating 2.5% as compared to 1% rise in the Sensex and Mid-cap index. Twenty-two stocks from the Small-cap index had closed upper limit of circuit filter.
 
The non-A group stocks were on a roll with as many as 300 companies closing at upper level of circuit filters on the Bombay Stock Exchange (BSE).

The stocks traded under non-A group hitting upper circuit limit indicates the return of retail investors, say market analysts. As many as 157 stocks from B group, 110 from S group, 19 from S group, 12 from TS group and Coral News and MH Mills from the Z group frozen upper limit of circuit filter.

 

Out of the 300 stocks that closed at its higher level circuit, as many as 14 were frozen at 20%, 67 at 10% and the remaining 219 at 5% circuit filter on the BSE.
  

CompanyClosing price
March 31 (Rs)
Closing price
April 1 (Rs)
Change (%)
Man Aluminium44.0052.8020.00
Anil Products102.55123.0519.99
Shree Ram Urban Infra115.65138.7519.97
Hindustan Hardy Spicer75.0082.5010.00
Money Matters Fin415.10456.6010.00
Jost's Engineering Co448.30493.109.99
Rollatainers327.85360.609.99
Websol Energy123.65136.009.99
Mahalaxmi Rubtech94.65104.109.98
UB Engineering131.75144.909.98
Golden Tobacco110.30121.309.97
Choice International74.8482.309.97
Best Eastern Hotels102.35112.559.97
Bhagwati Banquest67.3074.009.96
KIC Metaliks46.2550.859.95

The sectoral trend shows that 48 stocks were from non-banking financial companies (NBFC), 40 from information technology, 39 from textiles, 11 from pharmaceuticals, 10 from each from constructions and hotels and 8 each from engineering and the trading sector.

Man Aluminum, Anil Products, Shree Ram Mills, Sterling Hotel Resorts and IOL Netcom are among few had frozen 20% upper limit of circuit filter today.

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First Published: Apr 01 2010 | 5:21 PM IST

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