Small & midcaps tumble! Hindustan Copper, Devyani, PI Industries, other stocks fall up to 7%

Smallcap and midcap stocks came under pressure on Wednesday as broader markets weakened amid a record low rupee, elevated bond yields, and cautious investor sentiment. Several stocks across sectors declined sharply after earnings and valuation concerns, while rising inflationary pressures fuelled worries over possible earnings downgrades for Q1FY27.

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