Nifty Midcap hits record high in intraday trade, touches 41,708
Coforge, which rose around 5.83% to ₹5,239 per piece, Mphasis by 4.45% to ₹2,269 and Dixon Technologies by 3.36% to ₹5,273. On the other hand, One 97 Communications fell 1.28% and Poonawalla Fin slumped over 1.63% on Wednesday's trading session.
On September 5, Nifty Midcap 100 index skyrocketed to an all-time high by gaining over a percent and surpassing the 40,000 mark for the first time. The index has surged over 27% this year so far.
Whereas, Nifty Smallcap 100 index has jumped over 30%. The Nifty Smallcap 100 index also surged around 0.83%, touching 13, 903 on Wednesday.
The surge was led by Manpurram Fin, which was up by 5.91%, KEI Industries up by 3.41% and Zensar Tech by 2.67%. Meanwhile, Nifty 50 and Nifty Bank were trading 0.87% and 0.33% higher at 19,846.65 and 44,347.65, respectively.
The stock market had opened on a flat note today amid mixed global cues. The Sensex was down by 0.20% at 65, 547, while, Nifty was down by 0.19% to 19,638 at 9:15 am IST.Milestone Alert!
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