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9 smallcaps crash up to 61% in a week even as Nifty hit record highs – Small cap slump

by theadvisertimes.com
7 months ago
in Business
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9 smallcaps crash up to 61% in a week even as Nifty hit record highs – Small cap slump
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The benchmark Nifty scaled fresh lifetime highs in the past week, but the undercurrent in the broader market remained sharply negative. Several smallcaps corrected violently as investors rotated back into largecaps, locked in profits, and reacted to stretched valuations and thin liquidity in the wider market. The divergence between headline indices and the smallcap universe widened further, with some stocks losing over half their value in just five sessions



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