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BSE midcap, smallcap indices close at new highs; 35 stocks hit record

BSE midcap, smallcap indices close at new highs; 35 stocks hit record highs

A K Bhattacharya 

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The S&P index ended at record high of 17,943.86 on closing level on Thursday surpassed its previous high of 17,910.90 on November 6, 2017. The S&P Midcap index too closed at new high of 16,836.18, surpassed it earlier high of 16,794.23 on November 21, 2017.

The smallcap index touched intraday-high of 18,018.32, and is 14.59 points away from its record high of 18,032.91 hit on November 7, 2017 in intra-day trade. While, the midcap index hit a high of 16,850.56, is 29.08 points away from all-time intra-day high of 16,879.64 touched on the same day.

Aptech, and were up 20% on the BSE. Diamond Power & Infrastructure, Speciality Restaurants, Shirpur Gold Refinery, Bajaj Electricals, Ugar Sugar Works, Gitanjali Gems, Shankara Building Products, Precision Wires India, Zen Technologies and Grauer & Weil (India) were up more than 10%.

The 35 stocks from the smallcap index include Gillette India, Oberoi Realty, TVS Motor Company, Eveready Industries, VIP Industries, Tata Metaliks, Finolex Cables, JMC Projects, KNR Constructions, Bhansali Engineering & Polymers and Lux Industries from the midcap and smallcap index hit their respective new highs.

Arrow Greentech (AGTL) has surged 14% to Rs 554 on the BSE in intra-day trade after the company said that it has secured patent for manufacturing embedded water soluble film carrier in United States of America (US). The company is engaged in manufacturing bio-degradable water soluble film.

First Published: Thu, November 23 2017. 17:35 IST