BSE Smallcap Index Plunges Nearly 4% in Brutal Week: Heavy Selling Hammers Multiple Stocks
he BSE Smallcap index endured a punishing week, declining nearly 4% amid broad-based selling pressure across the broader market. The index closed the week around 49,912 levels (as of January 9-10 close), reflecting sharp corrections driven by ongoing foreign institutional investor (FII) outflows, geopolitical uncertainties, and concerns over potential US tariff hikes.
Sharp Declines in Key Smallcap Stocks
Several smallcap names bore the brunt of the selloff, tumbling between 15% and 23% over the week. Notable losers included:
Systematix Corporate Services
Balu Forge Industries (which saw intense pressure, with sharp daily drops reported in recent sessions)
Worth Investment & Trading
!VTM