Tag: smallcap index

Today (24th January 2022) it was all red for Dalal Street with benchmark indices falling the most since April last year in intra-day deals. Panic selling due to the uncertainty around the quantum of a rate hike by the US Fed spooked the markets. Besides, geo-political tensions between Russia and Ukraine, the rising dollar index, and surging oil prices and bond yield added to the woes. The frontline S&P BSE Sensex crashed nearly 2,000 points intra-day, hitting a low of 56,984. It, however, staged a mild recovery in the fag-end and ended 1,546 points, or 2.6 percent, lower at 57,491.5. On the NSE, the Nifty50 shut shop at 17,149, down 468 points or 2.6 percent, with only 2 stocks managing to end higher on the index. Earlier today, it had slipped below the 17,000-mark, hitting a low of 16,998. Read more

Indian benchmark indices saw modest gains on Dalal Street today(15th July 2021) amid mixed global cues. The frontline S&P BSE Sensex was at 53,067 levels, up 160 points or 0.31 percent. It's NSE counterpart, Nifty50, added 41 points, or 0.26 percent, to quote at 15,895 levels. Shares of Infosys added 1 percent in early deals as the IT major raised its revenue growth guidance for FY22 to 14-16 percent from an earlier estimate of 12-14 percent. L&T, HCL Tech, and Tech M were the other top gainer on the BSE barometer. The BSE MidCap index added 0.25 percent while the BSE SmallCap index advanced 0.63 percent. Twenty-two companies, including Wipro, Angel Broking, Tata Elxsi, L&T Infotech, and Cyient are slated to post their quarterly numbers today. Read more

Shares of small-cap companies were on a roll today (5th July 2021) with the S&P BSE SmallCap index hitting a new high of 25,809 on the BSE in the intra-day trade on the back of a strong rally in telecom, agrochemicals, fertilizers, chemicals, information technology (IT), textiles and pharmaceutical stocks. The S&P BSE SmallCap index was up 0.90 percent as compared to a 0.70 percent rise in the S&P BSE Sensex and a 0.29 percent gain in the S&P BSE MidCap index. In the past one month, the SmallCap index has outperformed the other two by surging 6.4 percent. In comparison, the benchmark Sensex and the MidCap indices gained 1.4 percent and 0.28 percent, respectively. Individually, HFCL, OnMobile Global, Zuari Agro Chemicals, Grauer & Weil (India), Jindal Worldwide, Apex Frozen Foods, Accelya Solutions India, Newgen Software Technologies, and KRBL soared between 11 percent and 20 percent in the intra-day trade today. Read more

Today (20th May 2021) the S&P BSE SmallCap index hit a new record high of 23,093 in the intra-day trade driven by its constituents that have rallied by up to 112 percent in the past one month after the respective companies reported strong earnings to show for the quarter ended March 2021 (Q4FY21). At 12:48 pm, the S&P BSE Smallcap index, the top gainer among broader indices, was up 0.59 percent as compared to a 0.16 percent rise in the S&P BSE Midcap index and a 0.03 percent decline in the benchmark index S&P BSE Sensex. In the past month, the SmallCap index has rallied 11 percent as against a 4.6 percent and a 7.6 percent gain in the MidCap and Sensex, respectively. Automotive Axles, Gayatri Projects, Shakti Pumps, Pokarna, TV Today, TCI Express, Just Dial, Walchandnagar Industries, SORIL Infra Resources, H.G. Infra Engineering, Shivam Auto, and Emami Realty rallied between 10 percent and 20 percent in the intra-day session today.