Business Standard

Bears attack small-, mid-caps; Nifty risks being mauled, shows data

It was the lowest close for the Nifty Smallcap 100 since April 23, 2021; for the Nifty Midcap 100 since June 2, 2021

nse, National Stock Exchange
Premium

National Stock Exchange.

Samie Modak
The carnage in the market has sent several stocks into multi-month lows. The benchmark Nifty on Thursday ended at its lowest since May 27, 2021.

It was the lowest close for the Nifty Smallcap 100 since April 23, 2021; for the Nifty Midcap 100 since June 2, 2021.
chart
The small- and mid-cap indices are already in bear-market zone, having plunged 30.6 per cent and 20.4 per cent, respectively, from their peaks.

Meanwhile, the Nifty is fast-approaching bear-market jungle as it

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 16 2022 | 10:52 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com