The stress in the small-cap category seems to getting serious, with the fall extending for a third day on March 13. Even the benchmark Nifty 50 was trading lower by over a percent at 12:30 PM, with serious weakness visible in the markets as more than 3,333 shares were in decline versus 422 advances. 869 stocks were locked up in the lower circuit on NSE.

The weakness was on account of brokers asking clients to unwind positions because of increased risk perception. “Brokers are asking clients to unwind positions. Market-to-market losses are increasing and brokerages were asking investors to cut positions or cough up additional margins,”

#A3RT @arbindtiwariT