9 smallcaps crash up to 61% in a week even as Nifty hit record highs

Despite the Nifty hitting fresh lifetime highs, the broader market weakened sharply as smallcaps saw steep declines driven by profit-taking, stretched valuations, and thin liquidity. Several stocks collapsed between 28% and 61% in five sessions, highlighting a widening divergence between headline indices and the vulnerable smallcap universe.