Share Market Consistent Losers: Bulls dominate the stock market due to which it is trading at its all time high. However, there are some stocks in which the correction has started now. In such a situation, if you have also invested in these stocks, then there is a need to revisit the portfolio.
Share market updates: After a boom of four days, the stock market is seeing a decline today. Currently the market is at its all time high. In such a situation, most of the shares are trading near the 52-week high. There are also some stocks where the period of correction is visible. In such a situation, investors of those shares need to be careful. In this article, we know about five such stocks which have made investors rich, but for the last few trading sessions, the trend of decline is going on.
Adani Power Shares: The stock of this company has been declining continuously for the last four trading sessions. After the news of NSDL freezing the shares of Adani Group of Companies worth 43500 crores, it seems to be lower circuit since the last four trading sessions. Today its share is at the level of Rs 127.25. The 52-week high is Rs 166.90 and the low is Rs 34.35. The stock has given returns of 33 per cent in one month, 53 per cent in three months, 155 per cent so far this year and 248 per cent in the last one year.
Adani Ports and Special Economic Zone: The shares of Adani Port and Special Economic Zone are seeing a decline for the last seven trading sessions. Last week, the stock recorded a fall of about 13 per cent. At this time its stock was trading at a level of Rs 731 with a fall of 4 per cent. The 52-week high is Rs 901 and the lowest level is Rs 298. The stock has given a return of 51 per cent this year and 115 per cent in the last one year.
Adani Total Gas: The shares of Adani Total Gas Limited are feeling lower circuit for the last three trading sessions. Today its stock is at the level of Rs 1394 after falling 5 percent. The 52-week high is Rs 1679 and the lowest level is Rs 132.50. This stock has given returns of 17 per cent in one month, 86 per cent in three months, 271 per cent this year and 920 per cent in the last one year.
BHEL shares: After the results of Bharat Heavy Electricals Limited, its shares are seeing a decline. Its shares have fallen 11.15 per cent in the last week. At this time its stock was trading at a level of Rs 67.50 with a fall of 2.90 percent. The 52-week high session is at Rs 79.55 and the lowest level is Rs 26.75. Market experts say that the company’s stock will fall further. Edelweiss has estimated the share of BHEL to fall by Rs 29. Kotak Institutional Equity has estimated its BHEL share price to fall by Rs 34. According to CLSA, this stock can fall up to Rs 40 and according to Motilal Oswal, this stock can fall to the level of Rs 48. According to market experts, the company may face huge losses in the financial year 2021-22. In such a situation, if the government wants to disinvest in it, then it will not be easy. So investors need to pay attention.
Lic Housing Finance shares: After reaching the highest level of 52 weeks, the shares of LIC Housing Finance are seeing a decline. At this time its stock was trading at the level of Rs 500 with a fall of 4 per cent. The 52 week high is Rs 542 and the low is Rs 255. It is seeing a decline in the last two trading sessions. On a weekly basis, it had declined by 4.05 per cent last week and by 1.52 per cent in the previous week. It has given returns of 16.50 per cent in the last one month, 39 per cent so far this year and 76 per cent in the last one year.