The broader market has been seeing substantial selling pressure in the last one month starting February 19. Most market observers believe this is primarily on the back of the SEBI Chief’s comment highlighting “There are pockets of froth in the market.”
Since February 19, over 80% of stocks in the BSE Small Cap Index have seen negative returns, contrasting with a nearly one percent gain in the Nifty during the same period.
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The BSE Small Cap Index witnessed a significant decline of 7% over the past month, indicating a notable downturn in stocks with smaller market cap. The BSE Midcap Index experienced a relatively lesser decline of 2.24%, suggesting a mo…
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