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VERIFIEDET Stocks·negative
Small & midcaps tumble! Hindustan Copper, Devyani, PI Industries, other stocks fall up to 7%
AI Summary
- ·Smallcap and midcap stocks experienced a decline on Wednesday.
- ·Broader markets weakened due to a record low rupee, elevated bond yields, and cautious investor sentiment.
- ·Stocks across sectors fell sharply amid earnings and valuation concerns, with rising inflation fueling worries over potential Q1FY27 earnings downgrades.