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Small stocks tank up to 15.42% so far in FY20

Small stocks tank up to 15.42% so far in FY20

New Delhi: Smallcap and midcap indices of the BSE have tumbled up to 15.42 per cent so far this fiscal, taking bigger hit when compared to their blue-chip peers.

An analysis of the performance of the three indices shows that the S&P BSE smallcap index has dropped 2,317.4 points or 15.42 per cent so far this fiscal and midcap index has tanked 1,985 points or 12.82 per cent.

However, fall in BSE's frontline gauge Sensex was not as sharp when compared with the smaller stocks. The 30-share flagship index is down 1,527.46 points or 3.94 per cent during the period under review.

The midcap index touched its 52-week low of 12,914.63 on August 23 this year and the smallcap hit its one year low of 11,950.86 on the same day.

PTI

PTI

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