New Delhi, Feb. 11 -- The BSE SME IPO index has officially entered bear market territory, marking a significant reversal from its unprecedented rally. The index, which tracks small and medium enterprise initial public offerings, has plummeted more than 20 per cent from its all-time high of 122,298 reached on January 6, 2025, to currently trade at 95,553.

This decline comes after the index dominated performance charts across global and domestic markets for several years.

The current downturn follows an exceptional period of growth that saw the index deliver remarkable returns over four consecutive years. The gauge surged 147 per cent in 2024, building upon a 96 per cent gain in 2023.

Prior to that, it recorded a 43 per cent increase in ...