Amid a weak market sentiment, the Nifty 50 index was able to snap its 7-day losing streak after settling 64.70 points or 0.28% higher at 23,518.50 in Tuesday’s trading session.The index has fallen by nearly 10.5% from its peak of 26,277 made in September while the broader markets have also witnessed a slowdown. The Nifty smallcap 100 index has fallen around 6% in the month so far while the Nifty midcap 100 index has tumbled around 4%.Among the smallcap sector, stocks have witnessed a decline of as much as 78% from their 52-week high. Here is a list of 38 smallcap stocks that were the worst hit in the market decline:
Rahul Sharma on large-cap stocks poised for a bounce in near term
So, we feel there is a strong case for a pullback, for a bounce back from these levels. Whether the bounce back translates into a
November 21, 2024