Nifty Smallcap 100 Plunges to 14,986 Low: Why Mid- and Small-Caps Are Crashing Harder Than the Market in March 2026

  The Indian stock market witnessed intense selling pressure on March 23, 2026, as mid- and small-cap indices tumbled over 4% amid a broader market crash driven by escalating geopolitical tensions in the Middle East. The Nifty Midcap 100 index has now declined around 13% year-to-date in 2026, reflecting sharp corrections in broader market segments that have outperformed in previous years but are now facing heightened volatility. Sharp Intraday Declines in Midcap and Smallcap Indices The Nifty Smallcap 100 index opened at 15,565.30 on Monday but quickly slipped to an intraday low of 14,986, erasing significant ground in early trade. By the afternoon session, the selling intensified, with the index down over 4% at points during the day. Market breadth was overwhelmingly negative—except for isolated performers like Trident (up around 2.85%), virtually every stock in the Nifty Smallcap 100 traded in the red, signaling widespread panic across smaller companies. Similarly, the Nifty M...
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Zen Technologies Launches Game-Changing Weapons: Buy Alert!"

 

On September 26, Zen Technologies Ltd, in partnership with AI Turing Technologies, introduced four advanced remote-controlled weapon and surveillance systems aimed at modernizing India’s defense capabilities.


Key Systems Unveiled:

RCWS – 7.62 x 51 MMG (Parashu): A versatile system with thermal imaging and anti-drone features, suitable for vehicles and ships.

Tank Mounted RCWS – 12.7 x 108 HMG (Fanish): Designed for armored operations, enhancing the firepower of tanks like the T-72 and T-90 with precision targeting.

Naval RCWS – 12.7 x 99 HMG (Sharur): Optimized for maritime defense, capable of engaging threats up to 2 kilometers away with high accuracy.

Artillery Rugged Camera (Durgam): Offers high-grade surveillance in extreme conditions with day/night vision capabilities.


Corporate Overview

Zen Technologies, incorporated in 1996, specializes in designing, developing, and manufacturing combat training solutions and counter-drone technologies for defense and security forces. The company is committed to indigenizing technologies that benefit the Indian armed forces, state police, and paramilitary forces.


Market Cap: ₹15,333 Cr

Current Price: ₹1,698

High / Low: ₹1,970 / ₹650

Stock P/E: 99.8

Book Value: ₹53.4

Dividend Yield: 0.06%

ROCE: 46.1%

Commitment to Self-Reliance

This launch aligns with the government’s ‘Aatmanirbhar Bharat’ initiative, promoting indigenous defense production. Zen Technologies, founded in 1996, is a leader in combat training and counter-drone solutions, contributing significantly to the Indian armed forces' modernization.


Conclusion

Zen Technologies’ innovative systems are set to enhance India’s military readiness, showcasing the importance of advanced technology in addressing contemporary security challenges.

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