Time to buy fallen angels? 50 stocks in BSE 500 index fell 50-80% in 2018
Updated : January 08, 2019 03:26 PM IST
The sell-off in the broader market was caused by selling owing to the new categorization of MF schemes, additional surveillance measure by SEBI, change in equity taxation, increase in a number of corporate governance issues, as well as liquidity crisis in NBFC space.
As many as 377 stocks recorded negative returns in the S&P BSE 500 index in 2018.
Among the S&P BSE 500 index, as many as 50 companies fell 50-80 percent last year.
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