BSE MidCap, SmallCap crash 2% on profit-booking as Fed, RBI hold rates
Fri, Feb 9, 2024 12:53 PM

BSE MidCap, SmallCap crash 2% on profit-booking as Fed, RBI hold rates

A Flip by Shubhangi Gupta
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The BSE MidCap and SmallCap indices saw a drop of over 2 percent each as investors took profits after a 6.5 percent rally this year. The RBI and US Fed's decision not to cut rates may have influenced the selling. Market correction was seen in midcap and smallcap segments, with sectors like railways, PSUs, and defence performing well.

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