Mid and Small-caps under pressure; 132 stocks hit 52-week low

Adani Power, Reliance Power, Punj Lloyd, GTL, GTL Infra, Gammon Infra, KSK Energy and MBL Infra among 20 stocks from the midcap and smallcap index hitting their record lows on the BSE.

Shares of mid and smallcap companies were under pressure with 132 stocks hit their respective 52-week lows after more than 1% fall in these indices.

Adani Power, Reliance Power, Punj Lloyd, GTL, GTL Infrastructure, KSK Energy Ventures, Gammon Infrastructure and MBL Infrastructure  were among 20 stocks from the midcap and smallcap index hit their record lows on the BSE in intra-day trade today.

At 12:11 pm; the S&P BSE Midcap index and the S&P BSE Smallcap index were down 1% and 1.3%, respectively. On comparison, the S&P BSE Sensex was down 0.17% at 35,429 points.

Thus far