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Bulls push Sensex above 41K, but dump small-caps; 48 stocks fell 10-20% in a week

The Sensex is just 0.38 percent and the Nifty about 0.6 percent away from hitting fresh record highs.

December 14, 2019 / 11:51 AM IST

Representative image

  • bselive
  • nselive
Todays L/H

The Bulls charge on D-Street pushed the Sensex above 41,000 while the Nifty reclaimed 12,050-12,080 levels for the week ended December 13. Investors however dumped small-cap stocks in the same period.

The Nifty rallied 1.38 percent while the Sensex recorded a rally of 1.39 percent for the week ended December 13, compared to 1.1 percent gain seen in the S&P BSE Mid-cap index and 0.05 percent fall witnessed in the S&P BSE Small-cap index in the same period.

There are as many as 48 stocks in the S&P BSE Smallcap index which fell 10-20 percent in a week when benchmark indices reclaimed important resistance levels.