ALSO READNifty fails to hold above 9,900; BSE Midcap, Smallcap hit fresh highs BSE Midcap, Smallcap indices hit new highs during Muhurat trading BSE Midcap, smallcap indices hit new high Midcap, Smallcap indices fall 4%; Realty index tanks 6% intra-day Nifty, Nifty Midcap, BSE Smallcap, BSE500 indices hit new high
At 02:31 PM; the S&P BSE Smallcap (down 2% or 383 points at 19,664) and the S&P BSE Midcap index (down 1.5% or 273 points 17,856) were down 2%, as compared to a marginal 0.1% decline in the S&P BSE Sensex on Tuesday.
From the recent low on December 13, 2017, the smallcap (up 11%) and midcap (up 8%) had outperformed the Sensex, which gained 5% during the period till Monday.
Uttam Galva Steels, Indosolar, Jaypee Infratech, Gujarat Narmada Valley Fertilizers & Chemicals (GNFC), Kaya, Subex, Unitech, Electrosteel Castings and Equitas Holdings from smallcap index were down more than 7%. National Aluminium Company, Federal Bank, IDFC Bank, Steel Authority of India (SAIL) and IDBI Bank from midcap index down in the range of 5% to 8% on BSE.
Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) dipped 11% to Rs 481 on BSE after the company said that it has indefinitely closed its TDI-II plant at Dahej following leakage.
Federal Bank slipped 7% to Rs 104 after the private sector lender’s gross and net non-performing assets in December quarter (Q3FY18) rose sequentially. During the quarter, the gross non-performing assets (NPAs) rose to 2.52% from 2.39% at the end of the second quarter of current fiscal. Net NPAs of the bank stood at 1.36% as against 1.32% reported in the September quarter (Q2FY18).
|G N F C||485.00||540.55||-10.3|
|S A I L||93.10||100.10||-7.0|
|H F C L||32.35||34.75||-6.9|
|T.V. TODAY NETW.||431.00||462.50||-6.8|
|I D F C||60.15||64.05||-6.1|
|Latest price on BSE in Rs at 02:52 PM|
|Top loser among the S&P BSE 500 index|