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BSE Smallcap, Midcap index under pressure; down 2%

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.

SI Reporter  |  Mumbai 

BSE Smallcap, Midcap index under pressure; down 2%

Shares of mid and smallcap companies were under pressure with the S&P and S&P index were down up to 2% on profit booking. At 02:31 PM; the S&P (down 2% or 383 points at 19,664) and the S&P 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 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).

COMPANY LATEST PREV CLOSE LOSS(%)
G N F C 485.00 540.55 -10.3
NATL. ALUMINIUM 79.40 86.65 -8.4
UNITECH 8.58 9.31 -7.8
FEDERAL BANK 105.30 113.25 -7.0
CAPITAL FIRST 788.15 847.60 -7.0
S A I L 93.10 100.10 -7.0
EQUITAS HOLDINGS 153.00 164.40 -6.9
H F C L 32.35 34.75 -6.9
T.

V. TODAY NETW.

431.00 462.50 -6.8
BOMBAY DYEING 265.20 283.50 -6.5
IDFC BANK 60.10 64.25 -6.5
JP ASSOCIATES 21.55 23.00 -6.3
DISH TV 73.30 78.20 -6.3
HIND. CONSTRUCT. 39.60 42.20 -6.2
PHILLIPS CARBON 1341.95 1429.20 -6.1
I D F C 60.15 64.05 -6.1
EROS INTL. MEDIA 231.25 246.10 -6.0
IDBI BANK 59.35 62.95 -5.7
WELSPUN CORP 174.65 185.20 -5.7
INDBULL. REALEST. 241.90 256.50 -5.7
Latest price on BSE in Rs at 02:52 PM
Top loser among the S&P BSE 500 index

First Published: Tue, January 16 2018. 14:48 IST
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