Mid, small-caps underperform benchmarks, Omaxe hits 20% lower circuit

Mid- and small-cap indices were trading with deep losses in the morning deals on Friday. The S&P BSE MidCap slipped nearly a per cent or 122 points to 14,733 levels while the S&P BSE SmallCap index slid 80 points or 0.59 per cent to trade at 13,375 levels. In comparison, the benchmark S&P BSE Sensex was trading around 175 points or 0.43 per cent lower at 40,605 levels. 

In the midcap space, HUDCO, RBL Bank, and Indiabulls Ventures declined up to nearly 6 per cent. Other losers included BHEL, NBCC, and Crompton Greaves - all down in the range of 2