10 BSE200 Stocks That Declined for Five Consecutive Trading Days

Over the five trading sessions leading up to March 13, the Sensex index dropped by 0.69%, closing at 73,829. During this period, 10 stocks from the BSE200 index saw consistent declines across all five days. Zomato suffered the largest drop, falling by 11%, while L&T Technology Services dropped 10%. AU Small Finance Bank and Wipro saw declines of 9% and 8%, respectively. Other stocks like IDFC First Bank, LTIMindtree, Tata Elxsi, Sona BLW Precision Forgings, Indian Renewable Energy Development Agency, and Abbott India also experienced steady losses ranging from 5% to 7%. The data highlights a tough week for these stocks, contributing to the overall decline in the market.

10 BSE200 Stocks That Declined for Five Consecutive Trading Days

Over the five trading days leading up to March 13, the Sensex index experienced a decline of 0.69%, closing at 73,829. This downward trend was consistent across all five days. During this period, ETMarkets highlighted 10 stocks from the BSE200 index that saw continuous declines each day. Here’s a breakdown of these stocks and their performance:

1. Zomato: The food delivery giant saw its shares drop by 11% over the five-day period, with its last traded price at ₹201. This significant decline reflects investor concerns or broader market pressures affecting the stock.
2. L&T Technology Services: This engineering services company experienced a 10% drop in its stock price, closing at ₹4,375. The consistent fall suggests a lack of investor confidence or potential challenges in the sector.
3. AU Small Finance Bank: Shares of this bank fell by 9%, settling at ₹503. The decline could be attributed to sector-specific issues or broader economic factors impacting financial institutions.
4. Wipro: One of India’s leading IT companies, Wipro saw its stock price decline by 8%, closing at ₹264. The drop may reflect challenges in the IT sector or company-specific issues.
5. IDFC First Bank: This private sector bank’s shares dropped by 7%, ending at ₹53. The decline could be linked to concerns over asset quality or profitability in the banking sector.
6. LTIMindtree: Another IT services provider, LTIMindtree, saw its stock decrease by 7%, closing at ₹4,467. The fall aligns with the broader trend in the IT sector during this period.
7. Tata Elxsi: A design and technology services company, Tata Elxsi’s shares dropped by 7%, last traded at ₹5,237. The decline may indicate sector-wide challenges or profit-taking by investors.
8. Sona BLW Precision Forgings: This automotive components manufacturer’s stock fell by 7%, ending at ₹486. The drop could be due to weaker demand in the automotive sector or company-specific factors.
9. Indian Renewable Energy Development Agency (IREDA): Shares of this renewable energy financing company lost 7%, closing at ₹140. The decline may reflect investor concerns about the sector’s growth prospects or regulatory changes.
10. Abbott India: The healthcare company’s stock declined by 5%, with the last recorded price at ₹29,609. While the drop is relatively smaller compared to others, it still indicates a lack of positive momentum for the stock during this period.

The consistent decline in these stocks over five consecutive days highlights the broader market sentiment during this period. Factors such as global economic uncertainties, sector-specific challenges, or profit-booking by investors could have contributed to this trend. For instance, the IT sector, represented by stocks like Wipro and LTIMindtree, may have faced headwinds due to slowing global demand or currency fluctuations. Similarly, financial stocks like AU Small Finance Bank and IDFC First Bank might have been impacted by concerns over interest rates or asset quality.

On the other hand, Zomato’s significant drop could be linked to competitive pressures or valuation concerns, while companies like Tata Elxsi and Sona BLW Precision Forgings may have been affected by industry-specific challenges. The renewable energy sector, represented by IREDA, might have faced investor skepticism due to policy uncertainties or execution risks.

Overall, the five-day decline in these stocks underscores the importance of monitoring market trends and understanding the underlying factors driving stock movements. Investors should carefully analyze company fundamentals, sector dynamics, and macroeconomic indicators to make informed decisions in such volatile market conditions.