India's stock market has experienced a notable downturn, with investors losing over ₹11 lakh crore in market capitalization since Friday. The total market capitalization of BSE-listed companies fell to ₹4,17,71,803 crore from ₹4,24,78,048 crore. The decline has been attributed to a variety of factors, including disappointing quarterly results from companies such as Eicher Motors and Vodafone Idea, which saw its shares drop as much as 8.16% to an intraday low of ₹8.10. Small-cap investors have faced a particularly challenging environment, with losses amounting to ₹4 lakh crore over the past two months as the small-cap index plunged by 20%. Analysts, including S Naren from ICICI Prudential, have cautioned investors about overvalued mid-cap and small-cap stocks, advising them to protect their gains amid increasing selling momentum in the market. The market has now faced six consecutive sessions of decline, raising concerns about future performance.