Over 400 smallcap stocks saw negative returns during the week, with 23 experiencing double-digit losses. Suratwala Business Group was the biggest loser at -53%, followed by Best Agrolife (-31%), Dee Development Engineers (-27%), and PTC Industries (-21%). Conversely, 52 stocks, including KDDL, Sandur Manganese, Pennar Industries, Taj GVK Hotels, IKIO Lighting, and Benares Hotels, yielded returns between 10-40%.
US stocks: Nasdaq, S&P end lower in volatile session as tech stocks retreat
Tech stocks pulled down the Nasdaq and S&P 500 due to valuation worries and concerns over AI spending, falling crude prices bolstered airlines and travel