Broader markets outperformed the benchmarks on Monday, with the BSE small-cap and mid-cap indices rallying up to 4 per cent following Sebi's asset allocation norms for multi-cap mutual funds. The BSE small-cap index rose by 4.03 per cent to close at 15,145.23. Majority of its components closed higher, surging as much as 20 per cent.
The BSE mid-cap index also gained 1.56 per cent to close at 14,887.69. This compared with a 0.25 per cent drop in the benchmark Sensex.
