Economic TimesLean R·
Advance-decline ratio hits 7-month low as market breadth weakens
Mumbai: The stock market's advance-to-decline ratio has fallen to a seven-month low in October, exposing the weakness beneath gains in benchmark indices.While the Sensex and Nifty have risen 2.3% and 1.4% respectively, the BSE MidCap 150 and BSE SmallCap 250 indices have declined 3% and 4.2% respectively, through this month. This reverses the broader trend in favour of small- and mid-caps seen thus far this year, underscoring the recent divergence between frontline stocks and the broader market…
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