Home BusinessMid-cap, small-cap indices ourperform Sensex
The Sensex touched a fresh 22-month high of 17,790, However, it were the mid-cap and small-cap stocks which stole the limelight this week.
- FII-TO-FII TRADES: PNB traded at 5% premium - Birla Shloka Edutech FPO fixes price band of Rs 45-50 - LIC hikes stake in RIL to 6.94% - DIIs net buyers of Rs 183 cr in cash mkt today - Sensex slips 75pts amid lacklustre trade - Kalpataru Power declines despite bagging orders
The BSE Midcap index soared 3.4% to close at 6,946 as compared to the broader index, the Sensex, which was up barely 0.5% at 17,540.
KGN Industries was the top gainer among the Mid-cap stocks, zoomed 22% at Rs 258. Peninsula Land and Rei Agro advanced 15% each to Rs 90 and Rs 60, respectively.
Carborundm Universal, BGR Energy, Shree Cement, Financial Technology, Aban Offshore, Sobha Developers, Omaxe, Andrew Yule, Monsanto India, Tata Investment and Tata Tea increased 10-13% each,
Among the list of losers, Godrej Industries slipped the maximum, down 7% to Rs 186. ING Vyasya Bank, Max India, MphasiS, Aventis Pharma and Indian Hotels declined 5-6% each.
The BSE Small-cap index also put up a splendid performance in comparison to the Sensex. The index rallied 4% or 340 points to 8,697.
Best & Crompton, Kothari Products and Ruchi Infrastcrutures soared a whopping 32% each to Rs 25, Rs 454 and Rs 59, respectively.
The other prominent gainers inlude Bombay Burmah Trading Corporation, Sona Koyo Steering Systems, Sandur Mangan, Electrothem, Bombay Dyeing, Hindustan National Glass and Industries, up 23-27% each.
Manaksia slipped 12% to Rs 108. Confindence Petroleum India, Infotech Entertainment, BAG Films and Media were the other major draggers,declined 6-10% each.
(Data Source: BS Research Bureau)