Nifty Smallcap 100 extends fall for 5th day; Afcons, FSL skid up to 14%

Nifty Smallcap 100 Today: In the past one week, the Nifty Smallcap 100 index has underperformed the market by falling 5 per cent, compared to 2 per cent decline in the Nifty 50.

In the past one week, the Nifty Smallcap 100 index has underperformed the market by falling 5 per cent, compared to 2 per cent decline in the Nifty 50.

Shares of smallcap companies remained under pressure, with the Nifty Smallcap 100 index quoting lower for the fifth straight session on a sharp sell-off in equities.

The Nifty Smallcap 100 index was down 2 per cent in Wednesday’s intra-day deal. In the past week, the index has underperformed the market, falling 5 per cent compared to the Nifty 50's 2 per cent decline.

Prior to that, in the past six months, the Nifty Smallcap 100 index outperformed by zooming 25 per cent, against a 1.6 per cent decline in the Nifty 50.

Individually, Afcons Infrastructure tanked 14 per cent in intra-day trading today, while Pine Labs, Tata Chemicals, Firstsource Solutions, Welspun Corp, Data Patterns (India) and Narayana Hrudayalaya were down in the range of 4 to 6 per cent.

Whirlpool of India, Ircon International, Brainbees Solutions and Afcons Infrastructure shares hit their respective 52-week lows, data showed. All eyes on Fed decision