Stock Market: Mid-smallcap stocks crashed, these 3 sectors were most affected, what was the reason?

News Topical, Digital Desk : Today, the stock market is witnessing limited fluctuations. However, in the trading till Tuesday afternoon, many small and medium stocks have seen a sharp decline. Out of this, the stocks of capital market, pharma sector and defense sector have been affected. There have been their own reasons for pressure in all three sectors. In the afternoon trade, when limited growth was seen in Nifty, then there was a decline of 0.3 percent in Midcap 100 and more than 0.5 percent in Smallcap 100.

Capital Market Stocks

Capital market stocks have seen a decline during early trading. Capital market stocks have come under pressure after SEBI's action in the Jane Street case. Angel One and MCX stocks, included in smallcaps, have seen a decline of more than 6 percent. CDSL stock has fallen by 2 percent. On the other hand, the biggest loss in midcaps has been seen in BSE stock and the stock has fallen by more than 6 percent. Pharma sector Stocks of mid and small cap companies of the pharma sector have also seen a decline today. This decline has been recorded in view of the letters being sent by the US to countries regarding tariffs. Trump has already said that he can impose strict tariffs on the pharma sector. The US has sent tariff letters to many countries. However, India is not included in these countries. However, no deal has been finalized with India yet. Aurobindo Pharma, Lupin and Alkem Labs, included in the midcap index, have seen a decline of up to 4 percent. Defense sector After the recent boom, now pressure is being seen in the stocks of the defense sector. Solar Industries and Cochin Shipyard have fallen by about 2 percent. GREC and BEML have also registered a decline in the smallcap index. The tensions going on around the world are now slowly cooling down or the market is no longer being affected by them. At the same time, action is being seen in other sectors due to change in focus. In such a situation, due to no expectation of more fast returns in the defense sector, businessmen are taking profits from the sector and which mid-small stocks have declined? Apart from this, Paytm, IRCON, Go Digit, Kaynes Tech, MGL, Bharti Hexacom, Bandhan Bank, Bharat Forge, Ola electric Mobility, Union Bank have also declined. 

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