 "BSE Smallcap, Midcap index under pressure; down 2%")
Shares of mid and smallcap companies were under pressure with the S&P BSE Midcap and S&P BSE Smallcap index were down up to 2% on profit booking.
At 02:31 PM; the S&P BSE Smallcap (down 2% or 383 points at 19,664) and the S&P BSE Midcap index (down 1.5% or 273 points 17,856) were down 2%, as compared to a marginal 0.1% decline in the S&P BSE Sensex on Tuesday.
From the recent low on December 13, 2017, the smallcap (up 11%) and midcap (up 8%) had outperformed the Sensex, which gained 5% during the period till Monday.
At 02:31 PM; the S&P BSE Smallcap (down 2% or 383 points at 19,664) and the S&P BSE Midcap index (down 1.5% or 273 points 17,856) were down 2%, as compared to a marginal 0.1% decline in the S&P BSE Sensex on Tuesday.
From the recent low on December 13, 2017, the smallcap (up 11%) and midcap (up 8%) had outperformed the Sensex, which gained 5% during the period till Monday.
