Mid, small-caps underperform in H1FY20; metals, pharma, autos worst-hit

Mid-and small-cap indices have underperformed the frontline benchmarks – the S&P BSE Sensex and the Nifty 50 – in the first six months of the current financial year 2019 – 20 (H1FY20).

While the Sensex has lost a marginal 0.3 per cent since the beginning of this fiscal, Nifty has slipped 1.1 per cent during this period. S&P BSE Small-cap index, however, tanked nearly 11 per cent and the S&P BSE Midcap index has shed 8 per cent. The BSE500 index, which accounts 95 per cent of the total BSE listed companies market capitalisation, has lost 2.8 per cent in