Midcap stocks today, Feb. 11 -- The recent sell-off in the Indian stock market deepened further in today's trading session, February 11, as a series of tariffs being exchanged between the world's major superpowers created uncertainty among investors, raising concerns that it could drive up inflation.
Equities are the first casualties when global uncertainty spikes, driving investors to safeguard their wealth in safe-haven assets such as gold. This shift has already pushed gold prices up by 12% so far this year, leaving stocks vulnerable to further declines.
Stocks with extreme valuations are facing intensified selling pressure, with the Nifty Midcap 100 plunging 1,611 points, or 3%, to 50,859 in today's trade. Over the last four trading...
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