The mid-cap segment of the BSE has recently experienced a notable downturn, with the index declining by 1.14% today and a more significant drop of 2.97% over the past five days. The advance-decline ratio reflects this trend, with only 22 stocks advancing compared to 121 stocks declining, resulting in a ratio of 0.18x.
Despite the overall negative performance, Hitachi Energy emerged as a standout performer within this segment, posting a return of 2.45%. Conversely, Laurus Labs struggled significantly, recording a return of -7.13%, marking it as the worst performer in the mid-cap space.

In terms of technical calls, several stocks are showing varying degrees of bullish sentiment. One 97, Dalmia Bharat Ltd, and J K Cements are categorized as bullish to mildly bullish, while KEI Industries is noted as mildly bullish to bullish. Tata Communications is currently viewed as sideways to mildly bullish. As the mid-cap market navigates these fluctuations, investors will be closely monitoring these trends and individual stock performances.