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Future Group, YES Bank, GE Power biggest losers on stock market in 2020

Nearly one-third stocks with market capitalisation over Rs 1,000 crore posted negative returns in 2020; among the worst performers, negative returns till December 16 this year ranged between 52 per cent and 78.3 per cent

Niti Kiran | Mohsin Shaikh | December 20, 2020 | Updated 17:02 IST
Future Group, YES Bank, GE Power biggest losers on stock market in 2020

Even as Sensex and Nifty continue to touch new highs every day, some stocks crashed as much as 78.3 per cent during this year. Almost one-third stocks with market capitalisation over Rs 1,000 crore posted negative returns.

The worst performers include Future Lifestyle Fashions, Future Retail, Suven Life Sciences, Future Consumer, YES Bank, GE Power and Federal-Mogul Goetze (India) that witnessed price erosion between 52 and 78.3 per cent from January 01 to December 16, 2020.

As pandemic and vaccine hopes continue to guide the markets, BusinessToday.In looks at the top wealth destroyer stocks this year and how they performed on three parameters - market capitalisation, share in overall market capitalisation, and share price.

ALSO READ: Future Retail, YES Bank, GE Power among top wealth destroyers of 2020

ALSO READ: Sensex ends at record high, Nifty at 13,760; TCS, SBI, Nestle, Titan top gainers

ALSO READ: FIIs infuse Rs 79,854 crore in Nov-Dec, inflows approach record high of 2019

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