The Indian market closed lower on Monday as traders preferred to remain on the sidelines in the run up to Budget 2024. The S&P BSE Sensex fell over 100 points while Nifty50 closed above 24,500 levels.
Over 800 smallcaps end the week in red. 116 stocks fall in double-digits up to 43%
BSE Smallcap fell 2% last week, with 821 stocks declining up to 43%. Market sentiment remained weak due to US recession fears and tariff wars.