BSE Smallcap index nears one-year low; 130 stocks hit 52-week lows

Graphite India, NACL Industries, Mirza Int'l, PC Jeweller, Thyrocare, Nadan Denim, KRBL, VIP Ind and Shalimar Paints were down more than 7 per cent each on Monday.

The S&P BSE Smallcap index was trading 1.5 per cent down at 13,455levels on Monday, near its 52-week low, on the back of strong correction in paper, graphite electrodes, consumer discretionary goods & services, metals, pharmaceutical and real estate stocks after reporting weak financial results for December quarter of FY19.

The BSE SmallCap index is just 58 points away from its 52-week low of 13,397 touched on October 9, 2018 in the intra-day trade. In the past one month, the small index slipped 8 per cent, as compared to a 7 per cent decline in the S&P BSE MidCap