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Small Caps Stumble: Nifty Smallcap 100 Sheds 1.1% by Mid-Morning Trade
India’s Nifty Smallcap 100 Index shed 1.1% by 11:29 AM IST, slipping to 17,840 levels amid broad-based selling. Declines outpaced advances, with profit-booking across sectors. Analysts cite valuation concerns and global cues, urging caution for short-term traders while suggesting long-term investors treat this as consolidation.
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