Stock Market News 7.9.2018

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50 mid & smallcaps plunged 10-40% as rupee fell to 72/$. Do you own any?


The Indian currency has fallen from 70 to 72 per dollar in just 21 sessions.

However, weakness was seen in over 50 high-beta smallcap names which include Intrasoft Technologies, Ok Play India, Camlin Fine Sciences, Indosolar, DB Realty, PC Jeweller, Mangalam Drugs, etc.

 The S&P BSE Sensex rose by about 1.6 percent or nearly 600 points during this period. The S&P BSE Midcap index gained 1.3 percent, and the S&P BSE Small-cap index edged higher by about 1 percent.

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