Tag: non-blue chip stocks

MUMBAI: A day after domestic brokerage firm Kotak Institutional Equities shook up the market by withdrawing its recommendations for mid- and small-cap stocks, Dalal Street investors panicked and pressed the sell button. As a result, BSE's small-cap index closed 4% down while the mid-cap index lost 3% on Tuesday.The selloff in these stocks came amid sporadic buying in large-cap stocks, which helped the sensex close a marginal 94 points up at 67,221 points. BSE data showed 14 out of 30 sensex stocks closed higher. which helped the index...