 "BSE Smallcap, Midcap index under pressure; down 2%")
Shares of mid and smallcap companies were under pressure with the S&P BSE Midcap and S&P BSE Smallcap index were down up to 2% on profit booking.
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).
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).
| 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 | |||
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