Midcap Meltdown: 12 stocks slide up to 50% from 52-week highs, FIIs cut stakes

The broader market has undergone a sharp correction, with the Sensex falling nearly 8% from its 52-week high. In contrast, the BSE 150 MidCap index has been relatively resilient, slipping only around 3%. But beneath this surface stability lies considerable damage — 42 midcap stocks in the index have corrected between 25% and 50%.To understand the deeper trend, we analysed FII activity in the March 2026 quarter, using shareholding data available for about 135 midcap companies. The numbers offer valuable insight into foreign investor sentiment amid the selloff.Read more

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