BSE Smallcap index hits 6-month low; 94 stocks trade at 52-week lows

Thus far in the calendar year 2025, the BSE Smallcap index has underperformed the market by falling 8%, as against 9% rally in the BSE Sensex and 0.3% decline in the BSE Midcap index.

BSE Smallcap index today

 

Shares of smallcap companies were under pressure with the BSE Smallcap index hitting an over six-month low, falling 1 per cent in Friday’s intra-day trade in an otherwise firm market.

 

At 11:55 AM; BSE Smallcap index was down 0.66 per cent, as compared to 0.36 per cent rise in the BSE Sensex. The smallcap index hit an intra-day low of 51,028, its lowest level since May 22, 2025. The index has corrected 12 per cent from its 52-week high of 57,827.69 touched on December 12, 2024. It had hit a 52-week low of 41,013.68 on April 7, 2025.

 

Meanwhile, thus far in the calendar year 2025 (CY25), the BSE Smallcap index has underperformed the market by falling 8 per cent, as against 9 per cent rally in the BSE Sensex and 0.34 per cent decline in the BSE Midcap index.

 

Meanwhile, so far in CY25, the Nifty Smallcap100 index has slipped 7 per cent, as compared to the 10.6 per cent surge in the Nifty 50.  CATCH STOCK MARKET LIVE UPDATES TODAY

94 stocks from BSE Smallcap index hit 52-week lows

 

A total of 94 stocks from the BSE Smallcap index hit their respective 52-week lows in intra-day trade today. The notable stocks include, Tata Teleservices (Maharashtra), Bata India, BASF, Bajaj Electricals, Chambal Fertilisers & Chemicals, HeidelbergCement India, HFCL, KNR Construction, NCC, Neogen Chemicals, PCBL, Praj Industries, Rupa & Company and Shoppers Stop.

 

Astec Lifesciences, Vijaya Diagnostic Centre, Hindustan Construction Company (HCC), TCC Concept, Le Travenues Technology (IXIGO) and NIIT Learning Systems were down in the range of 5 per cent to 7 per cent in intra-day trade, BSE data shows.

 

Is the smallcap index bottoming out?

 

In the past one month, the Nifty Smallcap100 index has underperformed the market by falling 5 per cent, as against 2 per cent rise in the Nifty 50.

 

During this period, the large cap stocks have not only witnessed strong gains but also exhibited marked outperformance. However, the smallcap space has been under intense pressure with a majority of stocks witnessing deep corrections in the last few months.

 

Technical analysts at InCred Equities expect that this underperformance in smallcap index is likely to end and an upside of 20-25 per cent can be achieved by December 2026, thus providing wonderful investment opportunities for the long term.

 

The Nifty Smallcap100 index witnessed a 15-year ascending trendline breakout in 2023 which resulted in a significant upside. The index witnessed a strong price correction in March this year and since then it has been undergoing time correction. 

 

Interestingly, the index bounced back sharply after retesting the multiyear breakout implying the worst seems over and it can pick up strong momentum in coming months. The RSI has also bounced from strong support zone with early signs of hidden bullish divergence which supports the postulate of a strong upside, the analyst said in the report.  ==================  Disclaimer: View and outlook shared on the stock belong to the respective brokerages and are not endorsed by Business Standard. Readers discretion is advised.