January, has been rather disappointing for Indian stock markets with share prices seeing a downward trend. While both the benchmark Nifty and Sensex are down nearly 3% each YTD, the BSE 500 Index- a broader representation of the market comprising the top 500 BSE companies, indicates the cut is much deeper. The BSE 500 Index is down 5.17% YTD. Here is the list of the 5 biggest losers in 2025 on the BSE 500 so far this year-
5 biggest losers in 2025 on BSE 500
1. Kalyan Jewellers: The share price of this Jewellery retailer has hit rough water recently. The Kalyan Jewellers share is down 40.90% YTD. In fact, over the past two weeks, the share price of Kalyan Jewellers has corrected nearly 27% and fell over 8% last week on rumours that Motilal Oswal AMC were allegedly offered bribes to increase their investments in the company. However, a statement from Motilal on January 19 clarifying the claims “baseless, malicious, and defamatory,” offered slight relief. If we track the performance of this BSE 500 stock over the last 2 years, it has yielded gains of nearly 285% outperforming Sensex, which gained about 25% in the same time.
2. Newgen Software Tech: This stock has been under significant selling pressure over the past 5 trading sessions. This is after Jefferies downgraded the share price to Underperform from Buy on January 21 on disappointing Q3 numbers. Slower growth in annuity revenue and India operations were the top concerns. The share price fell a massive 18% intra-day on January 21. Even if we check the 5-day share performance, it is down 26.44%. YTD, the Newgen Software share price has corrected over 31% compared to a 5% correction in the BSE 500 Index in the same period.
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3. Cyient: The share price of this BSE 500 company plunged 20% on January 24 primarily on the back of a sharp cut in revenue guidance and the exit of its CEO,
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