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Small-cap, mid-cap shares correct on profit booking

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Capital Market
Last Updated : Sep 23 2014 | 4:45 PM IST

The S&P BSE Small-Cap index fell 2.48% and the S&P BSE Mid-Cap index fell 1.91% on BSE, on profit booking after recent rally.

Both these indices underperformed the barometer index, S&P BSE Sensex, which fell 431.05 points or 1.58% to 26,775.69.

The market breadth, indicating the overall health of the market, was weak. On BSE, 2,148 shares declined and 875 shares advanced. A total of 79 shares were unchanged.

Top losers in the S&P BSE Small-Cap index were, Matra Kaushal Enterprise (down 19.97%), Kama Holdings (down 16.39%), Sarda Energy & Minerals (down 12.95%), Oscar Investments (down 10.42%), GHCL (down 9.98%), KPR Mill (down 8.61%), Kokuyo Camlin (down 8.17%), Genus Power Infrastructures (down 7.85%), Indiabulls Infrastructure and Power (down 7.55%) and DCW (down 7.48%).

Top losers in the S&P BSE Mid-Cap index were, Unitech (down 10.77%), Suzlon Energy (down 9.78%), Hatsun Agro Products (down 9.57%), National Aluminium Company (down 7.21%), India Cements (down 7.06%), Delta Corp (down 6.7%), Oriental Bank of Commerce (down 6.19%), Chambal Fertilisers & Chemicals (down 5.92%), SKS Microfinance (down 5.86%) and JM Financial (down 5.51%).

The S&P BSE Small-Cap index had outperformed the market over the past one month till 22 September 2014, rising 9.23% compared with 2.98% rise in the Sensex. The index had also outperformed the market in past one quarter, rising 15.24% as against Sensex's 8.37% rise.

The S&P BSE Mid-Cap index had outperformed the market over the past one month till 22 September 2014, rising 5.82% compared with 2.98% rise in the Sensex. The index had also outperformed the market in past one quarter, rising 10.30% as against Sensex's 8.37% rise.

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First Published: Sep 23 2014 | 4:20 PM IST

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