MediumNegative
Announced Thu, 9 Jul · 13:30 IST
10 Nifty 500 stocks plunge over 50% from 52-week highs. Do you own any?
Price reaction · full curve
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AI summary
Around 10 Nifty 500 stocks have lost more than 50 percent from their 52-week highs, despite the Nifty 500 index falling only about 5 percent from its peak. The steepest decliners include Reliance Power (down 63 percent), Cohance Lifesciences (62 percent), Newgen Software Technologies (59 percent), Kaynes Technology (58 percent), and KPIT Technologies (58 percent). The data highlights significant divergence within the broader market and pockets of sharp wealth erosion for investors.