Market Now: Smallcaps in sync with Sensex; V Mart Retail surges over 10%

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Smallcaps were trading in sync with Sensex during Tuesday's trade. Around 11:25 am, the BSE Smallcap index was 0.92 per cent up
at 17,803, while the BSE Sensex was 0.86 per cent up at 35,864
The Nifty50 was 0.80 per cent up at 10,892
Shares of BF Utilities (up 11.57 per cent), BF Investment (up 11.48 per cent) and V Mart Retail (up 10.43 per cent) surged over 10 per cent
in the smallcap index. BEML (up 9.15 per cent), Dr
Lal Pathlabs (up 7.69 per cent), Sanghi Industries (up 7.25 per cent), AXISCADES Engineering Technologies (up 6.77 per cent) and The
Mandhana Retail Ventures (up 6.74 per cent) jumped up to 9 per cent. On the other hand, Avadh Sugar Energy (down 7.67 per cent), KEC
International (down 5.79 per cent), Cupid (down 5.34 per cent), Ricoh India (down 4.99 per cent), Sri Adhikari Brothers Television Network
(down 4.96 per cent), Mawana Sugars (down 4.95 per cent), Intrasoft Technologies (down 4.92 per cent) and Andhra Cements (down 4.90 per
cent) were among the top losers in the smallcap index around the same time
Equity benchmarks were treading higher as BJP was seen getting clear majority to form government in Karnataka. In the Sensex index, 27
stocks were trading up, while 4 were down. Tata Steel, Power Grid, YES Bank and ONGC were the top gainers in the Sensex index. Tata Steel
and ITC, however, were the top Sensex losers.