Midcap and smallcap stocks face the worst weekly losses in 20 months amid global tensions
- • Midcap stocks declined by 5.6% while smallcap fell by 7.3%, this week, the largest drop in 20 months, amid rising crude prices.
- The downturn in midcap and smallcap segments underscores increasing investor concerns regarding the influence of external situations in Indian markets.
- Experts say many stocks have breached support levels, indicating near term bearish outlook.
Source: business-standard.com
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