Midcap & Smallcap stocks continue to bleed; advance to decline ratio lowest since March 2026
- The advance-decline ratio fell to 0.37 on Wednesday, indicating that declining stocks significantly outnumbered advancing.
- On Thursday, nearly 400 listed stocks reached their 52-week lows, with 226 stocks hitting their lower circuit limits.
- • The Nifty Smallcap 100 index dropped 8% in the past month alone, while the Nifty Midcap 100 index declined 5.93% year-to-date.
- Crude oil prices surging past $111 per barrel, raising inflation concerns and el-nino impact is said to be the cause.
Source: businesstoday.in
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