Market fall: BSE Smallcap index tanks 7% in 1 week; 50 shares at 52-wk low

Quick Summary:

The BSE Smallcap index slipped 2.5% or 1,346 points to 52,258 in Wednesday's intra-day trade and down 6.7% in the past one week as sustained FIIs selling and earnings disappointment weighed.

Meanwhile, headline CPI inflation came in at 6.2 per cent year-on-year (YoY) in October, the highest in 14 months and higher than market consensus of 5.9 per cent.

However, at 10:49 am; SmallCap index had partially recovered from the day’s low, and was down 1.6 per cent or 859 points at 52,745.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: BusinessFinance

Markets: India

Topics: Vishnu Chemicals Antony Waste Handling Cell Inflation RBL Bank Advanced Enzyme Technologies PNC Infratech BSE Smallcap index Sensex BASF India Equitas Small Finance Bank BSE Midcap Electronics Mart 52-week low Matrimony.com JK Lakshmi Cement Bharat Bijlee Bajaj Electrical Birla Corporation GNFC IIFL Securities Ujjivan Small Finance Bank Q2

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 11:08:49 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 815 words

Reading Time: 5 minutes read

Sentences: 31 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23566176

View Article Analysis

About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 298 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

Publisher Details

Frequently Asked Questions