Small cap buzzers: TD Powers Systems, Banco India shine; eClerx locks in the upper circuit

TD Powersystems   jumps higher by more than 13 per cent while Banco India gains more than 12 per cent even MEP and Arvind Fashions move higher by ~10 per cent each. 

KPIT Technology , Gabriel, Electro Casting, VIP Industries, Punjab Chemicals, IB Real Estate and Alankit traded higher with gains of more than 5 per cent each on an intraday basis. eClerx, Expleosol, EKC, Sintex Plastics and Vascon Engineering were seen locked in the upper circuit. eClerx annoucned last week that it considering buying back its shares at ~Rs 3200 per share. 

Apex slipped by more than 15 per cent followed by Voltamp which dropped by 6.62 per cent, Repco Homes weakened by more than 6 per cent while Bajaj Hindustan dropped by 5 per cent on Monday trading session. 

BSE SmallCap and BSE MidCap index were seen underperforming the BSE Sensex on Monday on an intraday basis. BSE Real Estate and BSE Metal index were the two sectoral indices that showed a gren uptick on Monday trading session.