The BSE Smallcap index hit a record high of 57,798.64 in Wednesday's intra-day trade, rallying 11% from a low of 51,952.79 that it touched on November 13, 2024
Nelco shares hit a multi-year high of Rs 1,350, as they rallied 6 per cent on the BSE in Monday's intra-day trade in an otherwise subdued market
TRF, Automotive Stampings, Orient Hotels and NELCO can surged up to 24% from present levels, suggest technical charts. The trend, however, looks weak for Tejas Networks.
Thus far in CY24, Voltas (up 81%), Tata Investment Corporation (53%), Tejas Networks (31%), Tata Power (35%), Nelco (20%),Tata Steel (18%) and Tata Communications (13%) have outperformed the Sensex.
Nelco hit a multi-year high of Rs 1,271.95, rallied 13 per cent on the BSE in Tuesday's intra-day trade, and zoomed 46 per cent in eight trading days