Mid, small-caps follow benchmark indices, dip up to 3% amid global sell-off

In the midcap index, Bajaj Holdings, Tata Consumer Products, Bharat Forge, and Indraprastha Gas (IGL) were the top contributors to the index's fall

Following frontline indices, the mid and small-cap indices, too, were trading deep in the red on Friday. At 09:28 am, the S&P BSE SmallCap index was trading 2.63 per cent lower at 11,519, down 311 points or 2.63 per cent and the S&P BSE MidCap index was trading at 12,216, down 264 points or over 2 per cent. Both the indices dropped up to 3 per cent during the session.

In comparison, the benchmark S&P BSE Sensex was quoting 2.38 per cent lower at 32,740.62 levels. The stocks came under pressure on fears of a second wave of Coronavirus (Covid-19)