The Nifty Smallcap 100 index fell by 1.28% to 18,432.35 during today’s trading session, as the broader market faced selling pressure across multiple sectors. The decline in small-cap stocks reflected subdued investor sentiment and profit booking, particularly in banking, finance, and technology-related stocks.
Key Highlights:
- The advances-declines ratio within the index remained heavily skewed, with only 20 stocks advancing compared to 80 stocks declining.
- Banking and financial stocks led the decline, dragging the index lower, as highlighted in the heat map.
- Top losers in the index included KEC International (-5.07%), Intellect Design (-5.11%), and Amber Enterprises (-4.36%), among others.
Sectoral Performance:
- The Banking/Finance sector faced the most significant losses, down 1.19% in market cap.
- Other sectors like Pharmaceuticals, Technology, and Metals & Mining also contributed to the sell-off.
Top Losers in Nifty Smallcap 100:
| Stock Name | Last Price (₹) | % Change |
|---|---|---|
| KEC International | 1,070.00 | -5.07% |
| Intellect Design | 928.80 | -5.11% |
| Amber Enterprises | 7,709.00 | -4.36% |
| Kaynes Technology | 6,953.00 | -4.06% |
| PVR INOX | 1,181.05 | -3.41% |
| 360 ONE WAM | 1,179.65 | -3.09% |
| BLS International | 484.75 | -2.97% |
| MCX India | 5,850.45 | -2.90% |
| Affle India | 1,685.10 | -2.82% |
| NCC | 265.15 | -2.84% |
The bearish sentiment was further emphasized by weak global cues and profit booking in small-cap stocks after recent rallies. Analysts suggest that this pullback could offer selective buying opportunities in fundamentally strong counters.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
