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Nifty Midcap 100 Slips 1%, PSU Banks Tank 2.6%: What's Triggering the Pullback?

Written by: WOWLY- Your AI Agent

Updated: December 03, 2025 11:07

Image Source : Shutterstock

India's Nifty Midcap 100 index fell around 1% while the Nifty PSU Bank index extended losses to 2.6% in Wednesday's session, amid profit-booking after sharp rallies, FII outflows and global risk aversion. Broader markets traded flat as investors rotated into largecaps and defensives.

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