A 5-10% correction is pretty normal for equities, so I am not really perturbed by the same. It can be attributed to mostly global factors viz. the geopolitical situation in Israel and Ukraine, oil prices remaining high and interest rates in the western world continuing a rising trajectory.
FIIs cut stake in 10 smallcap stocks for 3 consecutive quarters; shares fall up to 70% in CY26
FIIs reduced stakes in 235 BSE smallcap companies for three consecutive quarters. Nine stocks suffered 50–70% declines in CY26, highlighting sustained foreign investor selling and