On Tuesday, India’s benchmark stock indices, Sensex and Nifty, continued their recent downward trend, marking the seventh decline in the past nine trading sessions. Investors remain cautious as market volatility persists.
While the Sensex fell by 2.35% and the Nifty dropped by 2.04% over this period, smallcap stocks have been hit the hardest. The BSE Smallcap index has plummeted by 3.79% in the first nine sessions of the New Year, showing greater vulnerability compared to larger companies.
Mid-sized companies have also faced losses, with the BSE Midcap index sliding 2.38% during the same period. Market experts say the sharper fall in smallcap stocks reflects investor caution, as these shares are often more sensitive to economic and market uncertainties.
The trend indicates that while large-cap stocks have been relatively stable, smaller companies are facing pressure, and investors are keeping a close watch on market movements in the coming weeks.