Shares of small cap companies continued their upward move from the March 2024 lows, with the S&P BSE Small Cap Index hitting a new high of 46,912.34 on Wednesday, April 24, gaining almost 1 percent, led by a strong rally in telecom, energy , cars, infrastructure and capital. goods stocks.
The small cap index is trading higher for the third day in a row, gaining 3.3 percent during the period. The index has surpassed the previous high of 46,821.39 set on February 7. The small cap index has recovered 15 percent from the low of 40,641.67 on March 13.
However, analysts remain skeptical about the
First print: April 24, 2024 | 10:53 am IST