Even as the Sensex has hit a new 19-month low, touching its lowest levels since June 2, 2014, the selling spree has spread across to the midcap stocks.
|Container Corporation||Rs 1,198.50|
|Bank of India||Rs 91.20|
|Union Bank of India||Rs 108.15|
|Exide Industries||Rs 130.35|
|L&T Finance Holdings||Rs 55.55|
|Power Finance||Rs 161|
|Canara Bank||Rs 171.80|
|Apollo Tyres||Rs 129.40|
|South Indian Bank||Rs 17.90|
|Jubilant foodworks||Rs 1,555|
|Procter and Gamble||Rs 5444|
The small and the midcap space has lost heavy ground in the last one week, as investors continued to worry that margin calls in certain shares may get triggered.
The battering in midcap stocks is so severe that select stocks like Reliance Capital plunged 7 per cent, while Adani Power is down a huge 6 per cent in trade on Monday.
Analysts had warned that midcap and small cap stocks had run-up too fast and there maybe further downside risk to these stocks.