These 10 stocks with steepest decline in 2022

Global stock markets are currently jittery due to the surge of the US dollar, disruption in the energy supply chain and signs of an escalation of the conflict between Russia and Ukraine.

The Dow Jones declined by 19.48 per cent in the US in 2022, while the tech-heavy Nasdaq index fell 30.95 per cent this year. In Europe, the French index CAC 40 fell 19.34 per cent, the German DAX plunged 23.02 per cent and the British benchmark FTSE 100 fell 4.92 per cent.

Indian equities are feeling the heat with BSE Sensex slipping 1.92 per cent this year, as on September 26th, Business Today has compiled a list of stocks listed in the BSE 500 index with the steepest decline in 2022, as per the list of stocks listed in the BSE 500 index. These stocks became wealth destroyers instead of creating money for the investors.

7 per cent. The stock was trading at Rs 34.65 on September 26, 2022, against a high of Rs 107.43 on December 31, 2021. Another IT stock was next on the list. Tanla Platforms fell 62 per cent from Rs 1,888. Zensar Technologies, which dropped 58.3 per cent from Rs 521.9 at the end of 2021 to Rs 217.45 at yesterday's close, came in third place.

Zomato, fourth in the list, fell by 57.9 per cent from Rs 137.45 to Rs 57.85. Metropolis Healthcare fifth plunged 56.2 per cent to trade at Rs 1,505. 95 from Rs 3,439. Last year, 55 people were born.

In the finance sector, Metropolis was followed by Indiabulls Real Estate, which has dropped 53.9 per cent. Dilip Buildcon, a real-estate developer, has fallen 51.1 per cent. The online retailer Paytm One 97 Communications fell 50.8 per cent this year. Welspun India came in ninth place and has declined 49.9 per cent this year. PB Fintech, which fell 49.6 per cent this year, stood at the tenth spot.

There has been a lot of divergence in the performance of sectoral indices this year.

BSE Information Technology Index fell by 28.2 per cent, followed by BSE Teck, which declined 24.3 per cent, while BSE Healthcare, BSE Realty and BSE Metal indices fell by 13.7 per cent, 13.3 per cent and 7.3 per cent. In contrast, BSE Power surged 37.8 per cent, while BSE Auto rose 16.3 per cent, while BSE Fast Moving Consumer Goods fell 16.2 per cent. The BSE Bankex, BSE Capital Goods and BSE Oil Gas indices gained 9.5 per cent, 8 per cent and 5.5 per cent, respectively, this year, until September 26.