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The S&P BSE Midcap index hit a new high, crossing 20,000-mark for the first time ever in Monday s intra-day trade after a sharp rally in Adani Group and financial stocks. At 02:04 pm, the S&P BSE Midcap, the top gainer among broader indices, was up 1.5 per cent at 20,212, after hitting an intra-day high of 20,234 on the BSE . In comparison, the benchmark S&P BSE Sensex was up 1.08 per cent, while the S&P BSE Smallcap index gained 0.58 per cent, the exchange data shows. Adani Transmissions and Adani Enterprises from the Adani group companies rallied 13 per cent and 10 per cent, respectively. Cholamandalam Investment and Finance Company, LIC Housing Finance, Mahindra & Mahindra Financial Services, Shriram Transport Finance, PNB Housing Finance, Aditya Birla Capital, L&T Finance Holdings and IDFC First Bank from financials were up in the range of 5 per cent to 13 per cent on the BSE.

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