11 midcap stocks plunge up to 50% from 52-week highs; how fiis & mfs are positioned

Indian equity markets are under intense pressure, with stocks sliding sharply as rising tensions between the United States, Israel, and Iran drive crude oil prices to a 19-month high and dampen global risk appetite. The benchmark Nifty, along with the broader Nifty Midcap 150, has retreated over 6% from its 52-week high. The damage is more pronounced beneath the surface: around 11 stocks in the midcap index have tumbled 40–50% from their respective 52-week peaks, reflecting the depth of the ongoing correction. We also highlighted how major investors—foreign institutional investors (FIIs) and mutual funds (MFs)—positioned themselves during the December quarter. (Data Source: ACE Equity) Midcap Meltdown