India's Small, Mid-Cap Stocks Lose $150 Billion, Regulator Cites Bubble Risk

India's small-cap stocks have experienced a significant downturn, with an estimated $80 billion loss in market value, attributed to a souring risk appetite among investors in the broader Indian market. Additionally, small and mid-cap stocks have seen a combined loss of about $70 billion in market value following concerns raised by the country's market regulator about a potential bubble. Despite these warnings and the substantial market value loss, some investors view the meltdown in Indian small-cap stocks as a buying opportunity.