 "Sebi probes sharp fall in the midcap stocks amid unfair trade allegations")
The S&P BSE Smallcap index hit a 52-week low of 15,017, down 1.5% on Thursday in intra-day trade on the back of sharp fall in financials, real estate, constructions, infrastructures, sugar and aviation sector stocks. The index has fallen below its previous low of 15,025 touched on Tuesday, September 25, 2018.
Indiabulls Real Estate, Sadbhav Engineering, Can Fin Homes, JM Financial, Srei Infrastructure Finance, Thangamayil Jewellery, Jet Airways (India), Dhampur Sugar Mills and Avadh Sugar & Energy have fallen more than 5% on the BSE. As many as 110 stocks from the small-cap index hit their respective 52-week lows.
Indiabulls Real Estate, Sadbhav Engineering, Can Fin Homes, JM Financial, Srei Infrastructure Finance, Thangamayil Jewellery, Jet Airways (India), Dhampur Sugar Mills and Avadh Sugar & Energy have fallen more than 5% on the BSE. As many as 110 stocks from the small-cap index hit their respective 52-week lows.
