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Mid, small-caps follow benchmark indices, dip up to 3% amid global sell-off

In the midcap index, Bajaj Holdings, Tata Consumer Products, Bharat Forge, and Indraprastha Gas (IGL) were the top contributors to the index's fall

Mid, small-caps follow benchmark indices; dip up to 3% amid global sell-off
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The stocks came under pressure on fears of a second wave of Coronavirus (Covid-19) cases as the economies gradually open up.

SI Reporter New Delhi
Following frontline indices, the mid and small-cap indices, too, were trading deep in the red on Friday. At 09:28 am, the S&P BSE SmallCap index was trading 2.63 per cent lower at 11,519, down 311 points or 2.63 per cent and the S&P BSE MidCap index was trading at 12,216, down 264 points or over 2 per cent. Both the indices dropped up to 3 per cent during the session.

In comparison, the benchmark S&P BSE Sensex was quoting 2.38 per cent lower at 32,740.62 levels. The stocks came under pressure on fears of a second wave of Coronavirus (Covid-19)