Nifty Smallcap 100 Drops 0.61% with UCO Bank Leading the Decline on Apr 1, 2025

The Nifty Smallcap 100 Index experienced a decline of 0.61% on April 1, 2025. The index was at 15,997.35, down 98.35 points at 11:15 AM on the NSE. This drop reflects the overall performance of the small-cap segment of the financial market, which has faced mixed investor sentiment.

The Nifty Smallcap 100 Index is an important benchmark for small-cap stocks, representing approximately 5% of the free float market capitalisation of all stocks listed on the NSE as of September 30, 2024.

Over the last 6 months, the total traded value of these stocks accounted for about 11% of the total traded value on the NSE.

Stocks Dragging the Nifty Smallcap 100 Down

On the flip side, several stocks had a negative impact on the index’s performance, weighing it down.

• UCO Bank (₹33.27) was the biggest drag, contributing a negative 38.84 points.
• Glenmark Pharmaceuticals (₹1,516.35) contributed -8.89 points.
• Redington (₹234.30) pulled down the index by -8.62 points.

Top Gainers in Nifty Smallcap 100

Despite the overall decline, several stocks within the index managed to provide some support, helping to limit the downside.

• HBL Engineering ( ₹519.30) contributed 16.54 points, leading the charge.
• Tejas Networks (₹804.00) followed closely with a contribution of 9.79 points.
• Tata Teleservices (₹59.27) added 7.43 points.

Market Overview

While the Nifty Smallcap 100 faced its share of challenges, the broader market, represented by the Nifty 50 and Sensex, also extended losses, with both indices sinking over 1%.

Investor sentiment has turned cautious ahead of potential geopolitical concerns, with worries about reciprocal tariffs from former US President Donald Trump. This has particularly impacted sectors like auto and IT stocks, which saw significant declines.

As the small-cap sector remains volatile, investors are advised to stay informed about market movements and keep a close watch on sector-specific developments, which may impact future performance.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.