Some well-known midcaps like Gitanjali Gems and Kwality turned penny stocks.
The NSE Nifty came off 0.48 per cent to hit 10,754 from 10,805 during the same period.
Before closing 197 points, or 1.81 per cent, down at 10,754, Nifty hit an intraday low of 10,738.
The smallcap index is on course to register its first loss in five years.
Overall volatility fell sharply from higher levels in last eight sessions.
Overall volatility fell sharply from higher levels with a surge in Put-Call Ratio.
At present, liquidity situation is definitely coming to normal in the NBFC sector.
As many as 10 of Big Bull's portfolio stocks plunged over 50 per cent in 2018 till December 17.
Nifty50 formed a bullish candle as the near-term indicators remained in ‘buy’ mode.
The NSE Nifty50 index remained above its 200-day moving average throughout the session.
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