Nifty Midcap 150 Down By 0.80% As Midcaps See Some Selling Pressure

Authored By Ankur Chandra | Last Modified: Jun 16, 2025 02:49 PM IST

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The Nifty Midcap 150 index declined in early trade Monday, falling 170.45 points or 0.80% to 21,262.60 as of 09:36 AM, amid broad-based weakness across sectors. With 128 stocks declining, the index reflected bearish sentiment prevailing in the broader market despite marginal gains in benchmark indices.

Market Snapshot: Nifty Midcap 150

Index Level	Value
Open	21,431.10
Day High	21,509.75
Day Low	21,262.60
Previous Close	21,433.05
Current Level	21,262.60
Change	-170.45 pts
Percent Change	-0.80%
52-Week High	22,515.40
52-Week Low	17,269.50
Traded Volume	19.02 Cr
Traded Value	₹33,488.24 Cr

Market Breadth

The advance-decline ratio heavily favored declines with 128 stocks in the red, only 22 gaining, and 1 stock unchanged, a signal of significant midcap sector pressure.

Top Gainers from Nifty Midcap 150

Stock	Last Price (₹)	Change (₹)	% Change
PI Industries	4,091.00	+118.40	+2.98%
Gland Pharma	1,728.10	+38.40	+2.27%
Oil India	484.50	+6.75	+1.41%
Max Financial	1,545.20	+19.20	+1.26%
Endurance Tech	2,430.60	+29.50	+1.23%

Select midcap stocks posted notable gains in early trade on Monday, with PI Industries leading the Nifty Midcap 150 pack, rising nearly 3% to ₹4,091. Gland Pharma followed with a 2.27% gain, while Oil India, Max Financial, and Endurance Technologies also saw steady buying interest, each advancing over 1%. The upbeat movement in these counters suggests selective accumulation in the midcap segment despite broader market caution.

Broader Market Context

While the Nifty 50 was marginally up by 0.13%, the midcap segment faced increased selling pressure amid concerns over valuation sustainability in select stocks. The Nifty Midcap 150 had gained 3.55% over the past year and 2.26% in the last 30 days, but is now trailing 5.56% below its 52-week high, indicating a cautious investor stance.

Outlook

With global markets showing mixed cues and domestic valuations at elevated levels, profit booking in midcaps could continue unless a fresh trigger revives risk appetite. Analysts suggest staying selective in midcap picks amid ongoing volatility.

More updates to follow as the session progresses.

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