 "Stock broker looking at screen outside the Bombay Stock Exchange")
One out of every five stocks from the S&P BSE500 index is down more than 25% from their respective one-year highs following a sharp decline in their market values in past one week.
PC Jeweller, Vakrangee, Just Dial, Wochardt, Unitech, Aban Offshore, Rain Industries, Jindal Saw, Praj Industries, Jai Corp, Bombay Burmah Trading, Philips Carbon Black and Bombay Dyeing & Manufacturing, among notable stocks, were down more than 25% each.
Three comapnies from Anil Dhirubhai Ambani Group (ADAG) - Reliance Power, Reliance Naval and Engineering and Reliance Communications – were down more than 25% from their respective one
PC Jeweller, Vakrangee, Just Dial, Wochardt, Unitech, Aban Offshore, Rain Industries, Jindal Saw, Praj Industries, Jai Corp, Bombay Burmah Trading, Philips Carbon Black and Bombay Dyeing & Manufacturing, among notable stocks, were down more than 25% each.
Three comapnies from Anil Dhirubhai Ambani Group (ADAG) - Reliance Power, Reliance Naval and Engineering and Reliance Communications – were down more than 25% from their respective one
