High Crude Prices and Lending-Rate Prospects Weigh on Small-Cap Stocks
Small-cap stocks have declined over the past two weeks, as higher crude prices and the prospect of increased lending rates are expected to pressure earnings growth in the second half of the fiscal year.
After the dream run, small-cap company stocks are facing the tremors of rising crude oil prices and prospects of hike in lending rate which are expected to hit their earnings growth in the second half of this fiscal.In the last two weeks, the Nifty 100 small-cap index has dropped 7 per cent or 1,44…