Smallcap and Midcap Stocks Slide Amid US Tariff Impact

Smallcap shares fell on August 28, dragging the Nifty Smallcap 100 index down over 1% to 17,325 before partial recovery. Midcaps also slipped 0.6%. The decline followed Trump’s 50% tariff on Indian goods taking effect. Key losers included Brainbees,

Inox Wind, IndiaMART, Adani Total Gas, Bharti Hexacom, Max Healthcare, and Tata Tech.