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R 123

Small & midcaps struggle in a volatile week; nearly 50 stocks fell 10-60%

· December 7, 2019 ·

After hitting a record high in the last week of November, the Indian market started December on a muted note with benchmark indices testing their crucial support levels in the week ended December 6.The Nifty closed in the red in four of the five trading sessions for the week ended December 6, but the big carnage was seen in the small and mid-cap stocks.Close The S&P BSE Sensex fell 0.85 percent while the Nifty was down by 1.1 percent compared to the 2.76 percent fall seen in the S&P BSE Mid-cap index, and 1.6 percent drop in the S&P BSE Small-cap index for the week ended December 6. related news Stellar response to Ujjivan Small Finance Bank: 7 IPOs got subscribed in double-triple digits in 2019 December is usually volatile, pause is not negative trigger as articulated BSE Star MF does 3.4 cr transactions worth Rs 1.17 lakh cr in FY20 As many as 48 stocks in the S&P BSE Small-cap index fell 10-60 percent which include names such as Indiabulls Real Estate, … [Read more...] about Small & midcaps struggle in a volatile week; nearly 50 stocks fell 10-60%

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