BSE Smallcap index set to record its sharpest fall for Feb in 6 years

The Smallcap index has fallen 9.2 per cent, so far, this month, recording its sharpest fall since February 2016

The S&P BSE Smallcap index is set to record its sharpest decline in six years during the month of February as a sharp sell-off  engulfed equities amid Russia-Ukraine conflict.

At 02:37 pm, the BSE Smallcap index was up 0.32 per cent at 26,534.03 points. It, however, has fallen 9.2 per cent in the month of February, recording its sharpest fall in the month since 2016. Back then, it had fallen 12.2 per cent during the month. In the month of March 2020, the S&P BSE Smallcap index had tanked 30 per cent, while in October 2008, the index had