Smallcap decimation at play as 145 stocks lose between 25-66% in February. How worse it's going to get?

Indian equity markets ended February on a subdued note, with Nifty having its worst monthly crash since the pandemic. Smallcap stocks faced significant declines, while 25 out of 30 Sensex stocks delivered negative returns, with 12 experiencing double-digit losses. The IT sector saw the steepest fall amid concerns over a weakening US business environment.