Underperformance spread into mid-tier and smaller capitalizations as retail risk-appetite cooled. The Nifty Midcap 100 fell 0.87%, while the Nifty Smallcap 100 tumbled 1.14% after briefly breaching its long-term 200-day moving average intraday. Overall market breadth on the NSE saw over 2,500 stocks declining, with 426 counters touching fresh 52-week lows.
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