Bharti Airtel, Yes Bank shares among worst Nifty performers since last Diwali; check bottom 10 names

By: | Updated: November 8, 2018 11:12 AM

A lot of heavyweight stocks including Tata Motors, Bharti Airtel and Yes Bank have dragged down Nifty returns in Samvat 2074. We take look at bottom 10 performers.

Shares of homegrown automaker Tata Motors shed 53.77% in Samvat 2074, to become the worst Nifty performer in the period since last Diwali.

Samvat 2074 had been a disappointing year for equity stock market investors with the 30-share Sensex giving just 7% returns, and the Nifty returns even more subdued at about 4% since last Diwali. A lot of heavyweight stocks including Tata Motors, Bharti Airtel and Yes Bank have dragged down the index returns. Shares of homegrown automaker Tata Motors shed 53.77% in Samvat 2074, to become the worst Nifty performer in the period since last Diwali.

It has been a poor year for oil and gas stocks too, with shares of HPCL and BPCL losing 50% and 42% in the year, respectively. Bharti Infra shares have corrected by more than 42%, and emerged as the fourth worth performing Nifty stock in the period. Yes Bank shares have shed more than 39%, emerging as the fifth worst Nifty 50 stock in the period in terms of returns. Shares of Indiabulls Housing (down 38%),  Vedanta (down 36%), Bharti Airtel (negative 35%), IOCL (corrected by 33%), Eicher Motors (shed 28%) were also among the top 20 worst performing Nifty stocks in Samvat 2075.

Also read: Rakesh Jhunjhunwala wants God to give him power to not earn money in Samvat 2075; here’s why Big Bull says so

However, it has been an excellent year for technology stocks, with the IT index zooming about 34%. Shares of Tech Mahindra have emerged as the overall Nifty winner returning a whopping 52% in the period. IT behemoth TCS comes second in the Nifty pack with returns of 49.5%. Infosys shares, with returns of 44.31% have emerged as the third best Nifty performer in the period. Titan (42.8%), ICICI Bank (37.7%), JSW Steel (37.66%), Axis Bank (30.7%) HUL (29.8%) Bajaj Finance (27.5%) have also managed to be among the top 10 performers in Samvat 2074. With returns of 21.67%, billionaire Mukesh Ambani-led Reliance Industries has been ranked at the 10th spot among the Nifty.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Switch to Hindi Edition