NIFTY Midcap 100, Smallcap 100 rise on Nov 2: Dixon Tech, Cochin Shipyard, ITI among top gainers; check full list

The Indian stock market was trading in green in the later afternoon session on Monday, November 2, amid broad-based buying across sectors while investors' sentiment was supported by the easing crude oil prices.

The mid-cap and small-cap stocks also witnessed buying interest from the investors. During intraday trade, the broader market performance was in line with the benchmark indices, with the Nifty Midcap 100 and Nifty Smallcap 100 rising 1.3% and 0.9%, respectively.

The SENSEX jumped as much as 1.4% to an intra-day high of 75,557.06. Meanwhile, the NIFTY50 reached the session’s high of 23,360.50.

Brent crude futures fell around 2-3% on Monday, retreating towards $110 a barrel after touching a six-month high of around $118 past week.

Hopes of a possible diplomatic breakthrough eased concerns over further escalation in the conflict and potential disruptions to global oil supplies.

Last week ended October 23, the broader market outperformed the main equity benchmark indices, with the NIFTY Midcap 100 and NIFTY Smallcap 100 soaring 2.7% and 4.1%, respectively.

Mid-cap stocks

Opening at the 57,472.10 level, the NIFTY Midcap 100 index touched a high of 58,097.90 during the intraday period on Monday. The index has tumbled 3.2% on a year-on-year basis.

Dixon Technologies (12.45%), Cochin Shipyard (4.51%), Tata Communications (4.48%), NLC India (4.47%) and Vishal Mega Mart (4.3%) were the most gaining stocks on the index.

On the flip side, PB Fintech (-6.86%), Lodha Developers (-3.43%), Bank of Maharashtra (-2.74%), Blue Star (-2.67%) and Oracle Financial Services Software (-2.26%) were the biggest laggards on the index.

Small-cap stocks

The Nifty Smallcap 100 index opened at 18,442.50 on Monday and touched an intraday high of 18,643.25. On a yearly basis, the index has gained 1.2%.

As many as 73 stocks on the index were trading in green at the time of writing the copy. ITI (20%), Affle 3i (9.9%), NBCC (9.06%), Inox Wind (8.57%) and Vedanta Power (6.43%) were the top contributors.

Further, Amber Enterprises India (6.33%), Ola Electric Mobility (6.15%), Delhivery (6.14%), KEC International (5.89%) and IFCI (5.52%) were the other top gainers on the index.

However, Syrma SGS Technology (-5.99%), Sterlite Technologies (-5%), HFCL (-5%), Mtar Technologies (-4.99%) and RR Kabel (-4.97%) lead the losers' pack.