DSIJ Mindshare

Benchmark indices settled at fresh record high levels led by the auto, IT, metal and infra stocks. At close, the Sensex was up 452.74 points or 0.75 per cent at 60,737.05 level, and the Nifty gained 169.80 points or 0.94 per cent closing at 18,161.80 level. 

On Wednesday, headline indices Sensex and Nifty recorded new highs of 60,836.63 and 18.197.80 respectively. Both indices closed the session with gains of 0.75 per cent and 0.94 per cent respectively. BSE Mid-cap index rallied 1.56 per cent to end at 26,556.43. BSE Small-cap index relatively outperformed broader markets by gaining only 0.59 per cent. 

The Government of India established Power Grid Corporation of India granted investment approval for setting up an electric vehicle charging station in Navi Mumbai, India.

U GRO Capital, a listed, small business lending MSME focused fintech platform, and Kinara Capital, a fast-growing fintech, today announced a strategic co-origination partnership to offer collateral-free business loans to small business entrepreneurs in India. Together, both companies plan to disburse Rs 100 crores by the end of FY22 to MSMEs in Manufacturing, Trading and Services sectors.

SEBI came out with detailed guidelines on May 18, 2010 for launching of SME Exchange/Platform. BSE became the first stock exchange to get the approval from SEBI and launch its SME platform on March 13, 2012.