Stock market today: Midcaps crack 3%, smallcaps plunge 4% as stock market sentiment turns negative
The dream run of mid and small-caps may be at its end as the BSE Smallcap index plunged almost 4 per cent while the BSE Midcap index cracked nearly 3 per cent in morning trade on Tuesday.
The BSE Midcap index fell to an intraday low of 32,177.91, down 2.68 per cent against the previous close of 33,064.96 while the Smallcap index plunged to its intraday low of 37,005.17, down 3.97 per cent against its previous close of 38,533.40 in Tuesday’s trade so far.
Early morning today, both the mid and smallcap indices hit their fresh record highs of 33,245.85 and 38,769.33 respectively.
(More to come)
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Updated: 12 Sep 2023, 11:13 AM IST
Ganesh
http://ganesh@finplay.inFinance enthusiast, Mutual fund expert.