82 smallcaps gain between 10-39% as record rally

continues

Rakesh Patil

Foreign institutional investors (FIIs) sold equities worth of Rs

3,901.27 crore, while Domestic institutional investors (DIIs)
bought equities worth Rs 6,858.47 crore.
January 13, 2024 / 11:59 AM IST

Broader indices, BSE-Largecap, BSE-Midcap, and BSE-

Smallcap, touched fresh record highs in this week.
After opening the week on a negative note and remaining in consolidation for next three sessions, market
bounced back sharply on last day of the week as investors cheered the earnings from the IT giants Infosys
and TCS.

For the week, BSE Sensex added 0.75 percent or 542.3 points to end at 72,568.45, while Nifty50 gained
183.7 points or 0.84 percent to close at 21,894.50. On January 12, the Sensex and Nifty touched fresh record
highs of 72,720.96 and 21,928.25, respectively.

Broader indices, BSE-Largecap, BSE-Midcap, and BSE-Smallcap, touched fresh record highs in this week
with a gain of 0.7 percent, 0.45 percent and 1.5 percent, respectively.

"The Indian equity market started the week on a bleak note, testing the pivotal support zone for the
benchmark index and stayed sluggish for the remaining part of the week, hinting for a correction in the near
period. However, the last session of the week was an exuberant one, wherein we witnessed a breakout
amidst the magnificent moves in the IT space, uplifting the overall sentiments. Eventually, the Nifty50
witnessed a breakout and soared into uncharted territory, procuring 0.85 percent of gains," said Osho
Krishan, Sr. Analyst - Technical & Derivative Research, Angel One.
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