Midcap, Smallcap indices fall 4%; Realty index tanks 6% intra-day

Total 69 stocks from mid and small-cap index hit their respective 52-week lows in intra-day trade.

Shares of midcap and smallcap companies were under pressure, with the S&P BSE Smallcap (down 4.23%) and S&P BSE Midcap index (down 3.7%) slipping 4% on the BSE. By comparison, the benchmark S&P BSE Sensex was down 1.14% or 363 points at 31,434 at 02:58 p.m.

The investors' wealth measured by the total BSE market capitalisation (m-cap), declined by Rs 300,927 crore to Rs 127,47,899 crore today as against Rs 130,48,826 crore on Wednesday.

Nalco Pharma, Cigniti Technologies, Indiabulls Real Estate, Sanghvi Movers, Rain Commodities, Venky’s India, Sudarshan Chemical Industries, ITI and BEML are among smallcap index falling