Mid-cap. Small-cap indices decline 3%

Century Textiles, Strides Arcolab, Wockhardt, IRB Infra, Havells India and TVS Motor were down over 6% on the NSE.

Shares of mid and small-sized companies were under pressure with both the CNX Mid-cap and CNX Small-cap indices were down 3% each on the National Stock Exchange (NSE).

Century Textiles, Strides Arcolab, Wockhardt, IRB Infrastructure Developers, Havells India, TVS Motor Company, Indian Oil Corporation and Indiabulls Housing from CNX Mid-cap and Housing Development & Infrastructure (HDIL), Hindustan Construction Company (HCC), Indiabulls Real Estate, Future Retail, Tata Elxsi and Marksans Pharma from CNX Small-cap index have fallen more than 6% each on the NSE.

At 1153 hours, CNX Mid-cap and CNX Small-cap index were slipped 3% each at 12,610 and 5,429 points respectively.

The foreign institutional investors sold net of Rs 3,018 crore ($474.7 million) of Indian shares on April 30, biggest outflow since July 2, according to data released by the market regulator Sebi yesterday.