Buoyed by global liquidity and healthy financial performance in the June quarter, shares of mid-cap and small-cap companies are on a roll, with the S&P Midcap index and the Nifty Mid100 reaching their respective record highs in intra-day deals on Monday.
In the past month, the S&P BSE Midcap index has risen by six per cent and the small-cap index has rallied three per cent, in comparison to a 0.7 per cent rise in the benchmark S&P BSE Sensex till Monday.
YES Bank, Tata Chemicals, Piramal Enterprises, Kansai Nerolac, Divis Laboratories, Shriram City Union Finance, Delta Corp and Shalimar Paints are some stocks from these two segments that are trading at a lifetime high.
