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Midcap Index Softens as Select Stocks Face Pressure

India’s Nifty Midcap 100 declined 0.
The NSE Nifty Midcap 100 Index slipped 0.32% to close at 60,081.60, reflecting mild profit-taking across several constituents. Stocks such as Exide Industries were among the notable drags during the session. Analysts observed that midcaps underperformed their large-cap counterparts as traders adjusted positions ahead of key macro announcements.