The year 2024 is about to end and the market has been under pressure for the last few days. Due to this pressure, the return of the domestic stock market has come down to single digit. However, the decline in many heavy weight stocks has been much faster and the return of the year 2024 in these stocks may be the worst in the last several years. Take a look at these stocks
Reliance Industries: The data so far this year indicates that the heavyweight stock may give negative returns for the first time since 2014. The stock has fallen 5.4 per cent so far in the year. During the last 10 years, the stock has given a return of 70 per cent in 2017 and more than 30 per cent in 2019 and 2020.
Asian Paints: The stock has seen a decline of 33 per cent so far this year. This is going to be the worst year for the stock so far. Earlier, the stock had seen a decline of 9 per cent in 2022 and 10 per cent in the year 2011. Hindustan Unilever: This year is going to be the worst year for the stock since 2004. The stock has fallen 12 per cent so far this year. Earlier, the stock fell 1.5 per cent in 2021, 4.2 per cent in 2016 and 1.3 per cent in 2007. Titan: The stock is going to have its worst annual performance since 2016. The stock has fallen 9 per cent so far this year. In the year 2017, the stock had given a bumper return of 163 per cent. Nestle India: The year 2024 is going to be the worst year for the stock since 2002. The stock has fallen 18.5 per cent so far this year. At the same time, the return of the stock has been negative in 2004, 2008, 2015 and 2022, but the decline has been less than 10 per cent. IndusInd Bank: The stock is going to register an annual decline for the 5th time in the last 7 years. Out of this, the decline of 42 per cent recorded so far is the biggest decline in the last 7 years. In 2020, the stock fell 41 per cent.
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