Monday, August 3, 2026

Nifty enters ‘technical correction’ – Here are its worst performers so far

Date:

Since January 5, only 13 Nifty stocks have delivered positive returns, while 37 stocks have declined.

By CNBCTV18.com March 9, 2026, 10:12:28 AM IST (Published)
2 Min Read

CNBCTV18 on Google

Image count1 / 7

The Nifty 50, which hit a record high of 26,373.2 on January 5, 2026, slipped to an intraday low of 23,697 on March 9. This marks a decline of about 10.1% from its peak.

Image count2 / 7

A technical correction occurs when an index or stock falls 10% or more from its recent record high.

Image count3 / 7

Since January 5, only 13 Nifty stocks have delivered positive returns, while 37 stocks have declined.

Image count4 / 7

About 22 out of the 50 Nifty stocks have fallen 10% or more from their January highs. Meanwhile, seven stocks have declined over 20%.

Image count5 / 7

The total market capitalisation of all BSE-listed companies has declined by around ₹43 lakh crore since January 5.

Image count6 / 7

Wipro has emerged as the worst performer, falling 26% since January 5. Other major decliners include Jio Financial Services (24%), Asian Paints (23%), Tata Consultancy Services (22%) and Maruti Suzuki India (21%).

Image count7 / 7

Despite the broader weakness, a few stocks have delivered gains. Oil and Natural Gas Corporation (ONGC) has risen 16%, while Bharat Electronics is up 9%. Power Grid Corporation of India, State Bank of India and Apollo Hospitals Enterprise have gained around 7% each.

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Piyush Goyal says India can explore FTA with Uzbekistan, seeks to double trade in 3 years

India can explore negotiating a free trade agreement (FTA)...

Beyond basmati: Six Indian rice varieties known for their unique qualities

India is home to many traditional rice varieties; each...

Coal production rises 7.51% YoY, dispatch grows 17.34% in July

India's coal production grew 7.51% year-on-year in July 2026,...

RBI likely to hold rates in August, maintain hawkish tone as inflation risks persist: Economists

The Reserve Bank of India (RBI) is expected to...