Tariff woes extend smallcap selloff as over 400 stocks fall up to 53% this week
During the week, over 400 smallcap stocks delivered negative returns with 23 of them falling in double-digits. Suratwala Business Group was the top loser with a negative 53% return, followed by Best Agrolife (-31%), Dee Development Engineers (-27%), and PTC Industries (-21%).
On the flip side, 52 stocks including KDDL, Sandur Manganese, Pennar Industries, Taj GVK Hotels, IKIO Lighting, Benares Hotels have offered returns between 10-40% during the week.
In the BSE500 segment, nearly 225 stocks ended with cuts. Mahindra Logistics, Carborundum Universal, Vakrangee, CreditAccess Grameen, Natco Pharma, Crisil, Mahindra and Mahindra, Jamna Auto, The India Cements were among the worst losers.
From the Sensex pack, NTPC topped the charts with 8.6% returns, followed by Zomato at 7% and Tata Steel at 5%. Overall, while half of the index constituents made gains, the other half succumbed to selling pressure.
Stock Trading
Maximise Returns by Investing in the Right Companies
By — The Economic Times, Get Certified By India's Top Business News Brand
Stock Trading
Renko Chart Patterns Made Easy
By — Kaushik Akiwatkar, Derivative Trader and Investor
Stock Trading
Candlesticks Made Easy: Candlestick Pattern Course
By — elearnmarkets, Financial Education by StockEdge
Stock Trading
Dow Theory Made Easy
By — Vishal Mehta, Independent Systematic Trader
Stock Trading
Market 101: An Insight into Trendlines and Momentum
By — Rohit Srivastava, Founder- Indiacharts.com
Stock Trading
Markets 102: Mastering Sentiment Indicators for Swing and
