India's mid- and small-cap indexes rise

MRF

05/06/2024 10:14

** Indian mid-cap  .NIFMDCP100  and small-cap  .NIFSMCP100 
up 4.2% and 3.9% respectively ahead of the expected government
formation by Prime Minister Narendra Modi's alliance
    ** Broader markets rise after volatile trade earlier in the
day  .BO  while the blue-chip Nifty 50  .NSEI  and BSE Sensex
 .BSESN  were up nearly 3% each 
    ** The mid-cap index eyes its best-day since Feb-2022; the
small-cap index on track to log biggest one-day pct gain since
Dec. 2022 
    ** They dropped 7.9% and 8.2% respectively in the previous
session 
    ** MRF  MRF.NS  - up 4.9% - is the top gainer on NIFMDCP100
while Multi Commodity Exchange of India  MCEI.NS - up 8.7% - is
leading gains on the NIFSMCP100  



 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))