Nifty Midcap 100 index hits over 2-year low; RBL Bank, Power Finance top losers
Updated : July 31, 2019 02:07 PM IST
Nifty Midcap 100 index falls below its 2-year level on Wednesday after a sharp decline in stocks from banking and financials, information technology and automobile index.
The Nifty Midcap index has fallen more than 16 percent in last two years, touching its lowest level of 15,510 on Wednesday. Intraday, the index slipped 1.24 percent to its day’s low on Wednesday.
The top loser from the aforementioned stocks is RBL Bank, which lost over 37 percent value in last one month, while Info Edge slipped only 0.80 percent.
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more