Nifty Midcap, Smallcap indices hit 52-week highs; what’s driving the rally?
Zensar Technologies, CDSL, Bandhan Bank and MRPL from the Nifty Smallcap 100 index rallied between 5% and 12% in Friday’s intra-day trade. Shares of select midcap and smallcap companies were in demand with the Nifty Midcap 100 and Nifty Smallcap 100 indices hitting fresh 52-week highs in Friday’s trade amid a strong rally in equities.…
