MUMBAI : The BSE SME IPO index scaled a record high of 65,148.53 points on Tuesday, lifting its market capitalization to ₹1.55 trillion and marking a significant resurgence from the slump witnessed in March.
The BSE SME IPO index had plunged 11.2% after Madhabi Puri Buch, chairperson of the Securities and Exchange Board of India, raised concerns regarding the stretched valuations of smallcap and midcap stocks.