BSE mid-cap, small-cap indices slump to 52-week lows

Both these indices today hit their 52-week lows.

Both these indices underperformed the Sensex in today`s market fall. The BSE Sensex declined 499.92 points or 3.71% to 12,961.68.

Among the mid-cap counters, UCO Bank (down 13.44% to Rs 27.70), Shree Preacoted Steels (down 16.35% to Rs 91.55), Chambal Fertilisers & Chemicals (down 14.26% to Rs 57.70), Rajesh Exports (down 14.13% to Rs 50.15), Phoenix Mills (down 12.40% to Rs 136), and IFCI (down 13.44% to Rs 32.20), slumped

Among small-cap counters, Alok Industries (down 13.27% to Rs 34.30), Amara Raja Batteries (down 13.31% to Rs 121.10), Diamond Cables (down 16.11% to Rs 288), Valecha Engineering (down 12.28% to Rs 122.15), Maharashtra Scooters (down 15.66% to Rs 235.55), and Lok Housing (down 19.07% to Rs 51.35), slumped.

The BSE Mid-Cap index underperformed the market over the past one month till 30 June 2008, declining 20.32% compared to the Sensex`s decline of 17.99%. It also underperformed the market in the past one quarter, declining 15.77% compared to Sensex`s decline of 13.85%.

The BSE Small-Cap index outperformed the market over the past one-month till 30 June 2008, declining 17.60% compared to the Sensex`s decline of 17.99%. It had underperformed the market in the past one quarter, declining 14.75% compared to Sensex`s decline of 13.85%.