India’s smallcap and midcap stocks have plunged significantly, marking the worst crash since the Covid market meltdown of March 2020. In February, the BSE Smallcap index fell 14%, while the Nifty Midcap 100 tumbled 10.8%. With valuations still high, key technical breakdowns, and earnings disappointments, further market turbulence is anticipated.
US inflation tops 4% for first time in three years, keeping Fed hike in play
US inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve’s interest rate hike plans on the table for September.
June 25, 2026