Decline in evaluation: small, medium-cap stock started becoming ‘Penny Stock’

Mumbai: In the previous years, there was an atmosphere of extremely boom, ignoring the basic things in the record breaking boom, but investors of small-cap and mid-cap stocks, who were happy with the extraordinary increase in share prices and rapid increase in money, Now tears are shedding. Since the investment officers of the mutual funds themselves are now questioning the evaluation of small and medium-cap stocks, the shares are constantly having a continuous interval as a result of extraordinary nervous sales. A new round of decline in small and medium sized shares has started and has seen a decline of more than 6 percent in just two days. The small cap index has fallen by 18.09 percent from its highest level and the mid -cap index 17.62 percent. Many small and medium -sized shares are now becoming penny stocks due to the steady fall in share prices.

The situation where only one stock has remained positive despite the fall in the price of every 10 shares, scared retail investors. Many investors are now disappointed after the profits are over as there is a huge loss on the balance sheet. Recently, after the extraordinary bounce in small-nervous and medium-pilji shares, analysts and experts who were rating the shares at all high values, saying that there is still a lot of scope for an increase in shares, and Investors were advising to invest, now they are saying that evaluations are no longer sustainable and high prices cannot remain.

Today, small and medium-sized shares were the most damaged, as experts and analysts felt that the evaluation shown by them during the previous record-breaks was excessive. Today the market was an extraordinary nervousness selling, as there were reports that investors are running to withdraw their investment in mutual funds, as the evaluation of small and medium -sized shares is still expensive, and experts and experts and experts and experts Comments have warned about negative returns on SIP investment in the last one year. The width of the market became extremely bad.

The BSE Small Cap index fell 1665.61 points or 3.40 percent to close at 47369.27. While the BSE Midcap index fell 1216.14 points, or 2.88 per cent, to 40946.22. Today, the number of shares declining out of a total of 4097 shares traded on BSE was 3478 and the number of benefits was 525. All 29 shares except Bharti Airtel, out of 30 shares included in the Sensex, declined today. Of the 50 shares of the Nifty, only six shares were positive, while 44 shares were negative.

Along with small and medium capital shares, there has been a huge decline in power and capital goods shares. The Capital Goods Index fell 22.88 percent from its historic peak, the BSE power index has fallen 31.84 percent, and the realty index has so far fallen by 25.56 percent. While the Sensex has fallen by 11.87 per cent, the Nifty 50 index has fallen by 12.20 per cent.

31 percent fall in power index, 23 percent fall from record high in capital goods index