There was a sharp decline in the stock market in Friday's trading. This week has been the worst week for the market in the last 2 years due to the continuous decline in the major index. The market had recorded its highest level at the end of September, since then the major index has fallen by more than 9 percent. However, if we talk about stocks, the decline in many stocks from their upper levels has been much more than the decline in the market. This also includes stocks of government companies.

There are 10 stocks in the PSU segment which have seen a decline of 40 percent or more from their peak levels. If you have invested in these stocks or you are looking for an opportunity to invest amid the correction, then you can keep these stocks in your strategy and take advice on them from an expert.

Which PSU stocks have seen a decline Chennai Petro, MRPL, Cochin Shipyard, have seen a decline of 50 percent or more from their peak levels. On the other hand, SCI, Garden Reach, Oil India, MMTC, IRCON, EIL, IOB have fallen by 40 percent or more. Apart from this, UCO Bank, J&K Bank, GSFC, GMDC IRFC have seen a rise of 35 percent or more. The decline in these stocks has been seen due to valuation. In fact, if we look at the perspective of the last one-two years, high returns were seen in the stocks of many government companies, which also increased concerns about their valuation. Some of these stocks have seen limited to sharp corrections given their valuations and the company's own performance. If we look at the performance of the entire PSU segment this year, 3 stocks have proved to be multibaggers, while 40 stocks have given double digit returns. Out of these, the top 10 performing PSU stocks have risen by 60 to 150 percent so far this year. Falling stocks