Stock market update: BSE Smallcap index underperforms Sensex; JP Associates, Shriram EPC among top losers

NEW DELHI: The BSE Smallcap index was underperforming benchmark Sensex in afternoon trade on Monday.

Around 1:25 pm, the smallcap index was 0.89 per cent up at 17,014, while the Sensex was 1.15 per cent up at 38,691.

Shares of Adani Transmission (up 15.58 per cent), Ujaas Energy (up 13.57 per cent), Healthcare Global Enterprises (up 12.70 per cent), Vimta Labs (up 12.10 per cent) and Future Enterprises (up 11.84 per cent) were among the top gainers in the smallcap index.


However, shares of Jaiprakash Associates (down 8.55 per cent), Shriram EPC (down 6.27 per cent), Manali Petrochemicals (down 5.99 per cent), Nesco (down 5.67 per cent) and Techno Electric & Engineering Company (down 5.17 per cent) were among the top losers in the index around the same time.

Positive global cues and healthy gains in bank, finance, metal and energy stocks were keeping the equity benchmarks aloft.

Among the 50 stocks in the Nifty index, 45 were trading in the green, while 5 were in the red.

In the Sensex kitty of stocks, 30 stocks were advancing and only one- Sun Pharma (down 0.79 per cent)- was incurring losses.

PowerGrid, State Bank of India, ICICI Bank, YES Bank and Infosys were leading among Sensex gainers.