Nifty Smallcap 100 extends fall for fifth session
The Nifty Smallcap 100 fell for a fifth straight session on Wednesday, declining during intraday trade as a broad selloff in equities weighed on smaller companies. The index is down over the past week, with foreign outflows and global rate concerns cited as weighing factors.
The Nifty Smallcap 100 index fell for a fifth straight session on Wednesday, dropping 2 per cent in intraday trade as a broad selloff in equities weighed on smaller companies. The small-cap index is down 5 per cent in a week, with foreign outflows and global rate concerns pressuring broader equities.