India Smallcap Gauge Narrowly Misses Bear Market as Rout Extends
- NSE Nifty Smallcap 250 Index slid nearly 4% before paring
- Slowing economic, earnings growth have clouded the outlook
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A months-long selloff in Indian stocks is showing few signs of abating, as a gauge of smallcap shares stretched its losses from a September peak to 20% before dip-buying helped it pare some decline.