
The Indian equity market has witnessed considerable weakness over the past year, with the benchmark Nifty 50 declining 10% and the broader Nifty 500 index slipping 5%. However, the correction has been significantly sharper in several individual stocks. Within the Nifty 500 universe, around 50 stocks have plunged more than 30% over the past 12 months, reflecting the pressure faced by several companies despite the broader market's relatively moderate decline. Among these, 10 stocks have emerged as notable laggards, with losses ranging from 47% to 58% over the past year. Here is a closer look at these stocks and their steep declines. (Data Source: ACE Equity) Steep Slide