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BSE smallcap index down for fifth straight day; 100 stocks hit 52-week low

In past one week the market prices of Manpasand Beverages, Nandan Denim, Caplin Point Lab, PC Jeweller, Atlanta, Deep Industries and Madhucon Projects have declined in the range of 25% and 55%.

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A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai (Photo: Reuters)

SI Reporter Mumbai
The S&P BSE Smallcap index was down 1% on Monday, falling for the fifth straight trading day on the BSE. As many as 100 stocks from the index have hit their respective 52-week lows on the BSE in intra-day trade today.

At 11:32 am; the S&P BSE Smallcap index was down 1% at 16,811, as compared to 0.11% decline in the S&P BSE Midcap and a marginal 0.02% fall in the S&P BSE Sensex. In past five trading days, the smallcap index slipped 3.5% against a 1.8% decline in midcap and 0.15% rise in the benchmark index.

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