ALSO READNifty fails to hold above 9,900; BSE Midcap, Smallcap hit fresh highs Nifty, Nifty Midcap, BSE Smallcap, BSE500 indices hit new high BSE Midcap, Smallcap indices hit new highs during Muhurat trading BSE Midcap, smallcap indices hit new high BSE midcap, smallcap indices close at new highs; 35 stocks hit record highs
Shares of midcap and smallcap companies were under pressure on Monday, falling more than 2% each as market awaits Gujarat and Himachal poll verdict. The S&P BSE Smallcap index tanked 2.7%, or 501 points, at 17,670, while the S&P BSE Midcap index falls 2.2% or 370 points at 16,605 in intra-day trade. The S&P BSE Sensex, too, lost 2.6% or 867 points at 32,595.
Both indices, however, recovered as trade progressed. Nifty Bank, Nifty PSU Bank, Nifty Private Bank and Nifty Realty index were lost over 2% in early morning trade, while Nifty 50 index slipped 2.5% on the National Stock Exchange (NSE). Adani Group stocks, Adani Enterprises, Adani Power, Adani Transmission, Adani Transmission and Adani Ports and Special Economic Zone were down up to 4% at 09:32 AM. Dena Bank, IDFC Bank, Bank of Maharashtra, Power Finance Corporation, Reliance Capital and United Bank of India from the financials and banks were hitting their 52-week lows in intra-day trade today.
|COMPANY||LATEST||52 WK LOW||PREV LOW||PREV DATE|
|BANK OF MAHA||21.30||20.80||21.05||15-Dec-17|
|D B CORP||342.55||339.50||341.35||14-Dec-17|
|POWER FIN. CORPN.||116.80||112.75||113.10||27-Dec-16|
|PTC INDIA FIN||35.55||34.35||34.65||14-Dec-17|
|RELIANCE NAV. ENG||35.20||33.70||34.00||05-Dec-17|