SBI Card, Bandhan Bk: 5 stocks can drop up to 13% if mkt sell-off deepens

Market participants usually opt for mid-cap or small-cap stocks. But, if one fails to pick the right stock, investment in such stocks can result into huge losses

Experts further said that retail investors should be clear on whether they are taking short-term positions based on the sentiment or investing for the long term.
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Market weakness may push few stocks back in the bear grip.

Avdhut Bagkar Mumbai
Both the frontline indices, the BSE Sensex and Nifty are clearly witnessing selling pressure as they approached their respective all-time highs. For now, both the benchmarks seem to be struggling their immediate barriers of 62,000 on the Sensex and 18,500 for the Nifty, thus raising concerns over the prevailing optimism. 

So far this year, inspite of the BSE Sensex and Nifty 50 dropping to hit new 52-week lows in July 2022, the benchmark indices were up 5.4 per cent on a YTD (Year Till Date) basis and merely 2 per cent shy from recording new historic peaks. The overall sentiment in the market has been bullish, with participants anticipating the indices to scale uncharted territories in the near term.
That apart,

First Published: Nov 21 2022 | 12:24 PM IST

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