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Brokerage and exchange stocks retreat as benchmark weakness intensifies
Capital market stocks declined up to five percent after Nifty slipped below 25,800, with renewed selling seen in BSE, MCX and brokerage shares as investors adopted a cautious stance amid higher volatility and weaker market structure.
Selling pressure weighed on capital market-linked stocks as shares of BSE, MCX, Angel One and peers slipped up to five percent following weakness in broader indices. The Nifty closing below the 25,800 mark triggered fresh profit booking in brokerage and exchange counters. Market participants turned cautious amid rising volatility and uncertainty over near-term index direction and trading activity across cash and derivatives segments.