BSE Midcap, Smallcap index at fresh 52-week low; Infibeam Avenues tanks 58%

IIFL Holdings, Motilal Oswal Fin, PNB Housing, Reliance Capital, Reliance Infra, Edelweiss Financial and Supreme Industries were among 193 stocks from the midcap and smallcap indices hit 52-week lows.

Shares of midcap and smallcap companies continued to remain under pressure on Friday as well, with the S&P BSE Midcap (14,762) and the S&P BSE Smallcap (14,643) indices hitting their respective 52-week lows in intra-day trade on the BSE.

At 09:51 am; the midcap and smallcap indices were down 0.93% and 1.69%, respectively, as compared to 0.10% decline in the S&P BSE Sensex. Thus far in September, mid-and small-cap indices have tanked 13% each, as against 6% fall in the benchmark index, the S&P BSE Sensex.

IIFL Holdings, Motilal Oswal Financial Services, PNB Housing Finance, Reliance Capital, Reliance