Small and midcap indices post worst weekly decline in two years
Small and mid-cap indices in India recorded their worst weekly declines in two years, with the Nifty MidCap 150 falling 5.26% and the Small-cap 250 dropping 7.10%. This sell-off, driven by negative sentiment and high supply from foreign portfolio investors, has raised concerns about the broader market's stability. Investors will be watching for recovery signs as the market grapples with ongoing volatility.