India's smallcap stocks log worst session in ten months on trade war concerns

Brainbees Solutions

07/04/2025 11:09

** India's smallcap index .NIFSMCP100 closes down 3.5%, its biggest one-day pct fall since early June 2024

** Smallcaps earlier fell as much as 10.2% amid global markets sell-off on worries over trade war and recession in the U.S.

** Brainbees Solutions BRAE.NS biggest percentage loser on the index, closing down 9.2%

** Midcap index .NIFMDCP100 closes down 3.6%; Mazagon Dock Shipbuilders MAZG.NS top pct loser, down 8.9%

** Benchmark NSE Nifty 50 .NSEI closes down 3.2%, logs worst session in 10 months

** Smallcaps down 19.7% YTD so far, while midcaps down 14.7%

(Reporting by Meenakshi Maidas in Bengaluru)

((meenakshi.maidas@thomsonreuters.com;))