The smallcap index touched 11,951 levels, its lowest level since December 29, 2016, while the midcap index hit a low of 12,915, its lowest level since February 1, 2017
Thus far in CY18, the S&P BSE Small-cap index has underperformed by falling 18%, as compared to 14% decline in the S&P BSE Midcap and 3% rise in the S&P BSE Sensex.
As many as 89 stocks from the smallcap index hit their respective 52-week lows today.
The S&P BSE Smallcap index was up 36% in past one year, as compared to 30% rise in the S&P BSE Midcap index and 22% gain in the S&P BSE Sensex.
Asian Granito, BASF India, GIC Housing and Federal Bank are among the 18 stocks that hit a new high