By Vivek Dubey
By Vivek Dubey
CNBC-TV18.com
CNBC-TV18.com
Published Feb 28, 2024
Published Feb 28, 2024
Nifty Midcap Index
falls up to 1,000 points on Wednesday; Know more about today's drop
Nifty Midcap index falls up to 1,000 points in Wednesday's trading session.
This is the biggest single-day drop for the index since February 12, when it declined 2.5%.
91 out of the 100 stocks on the Nifty Midcap 100 are trading with losses.
HFCL is the top loser on the Nifty Midcap index, down nearly 7%. Stock is down in three out of the last four sessions.
Welspun Living, JK Lakshmi Cement are some of the other midcap losers trading with losses of over 5%.
PSU stocks like NBCC, HUDCO, NLC India also take a knock of over 4% in trade on Wednesday.
Stocks like KEC International are bucking the trend. It is the top Midcap gainer with gains of over 4%.
This is also the lowest level for the Nifty Midcap index since February 12.
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