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Sensex sinks 454 points on broad-based selling, Nifty near 22,000
Small and midcap stocks logged their worst week in 15 months on rising concerns of froth in the segments and as stress test results indicated a disparity in the durations that funds would take to liquify their portfolios. The small and midcaps dropped 5.5% and 4.66% this week, the biggest weekly drop since December 2022.