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The Economic Times

Nifty largecaps hold up as midcaps and smallcaps slide; Q2 profit rises 19%

The Nifty Midcap 150 and Nifty Smallcap 250 indices have fallen roughly 4% this month, while the benchmark Nifty has held broadly flat. Largecap earnings are lending support, with second-quarter net profit at Nifty 50 companies up 19% from a year earlier.