Stock markets update: Equity benchmark indices declined in early trade on Thursday amid weak trends in Asian markets and unabated foreign fund outflows. The MidCap index dropped by 0.28 per cent, while the SmallCap index fell slightly by 0.06 per cent, reflecting a cautious sentiment among investors. Sectoral outlook Among sectors, the Nifty FMCG index showed slight resilience, gaining 0.1 …
Smallcap stock sell-off continued for the third straight day today as it experience the most intense fall this year so far. The Nifty smallcap 100 index fell 4.8%, slipping below 15,000 mark, reaching a low of 14,366 points, marking the most significant intraday decline witnessed so far this year. Market regulator SEBI warned of a froth building up in small-cap …
