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2021 was a nightmare for many banks and pharmaceutical stocks; RBL Bank, Bandhan Bank, Strides Pharma saw sharp losses this year

Bhakti MakwanaDec 31, 2021, 16:21 IST

Canva

Despite Sensex giving almost 21% returns in 2021, there are a number of stocks that punished investors and eroded their wealth significantly.
Banking and pharmaceuticals are two themes in the worst stocks of 2021 given the low interest rate and demand scenario.
Here are the top 10 worst performing stocks of the year.

2021 has been a great year for the markets as Sensex and Nifty 50 surged over 20% with record levels of liquidity, which created huge wealth to investors. Markets witnessed continuous rally for several months fuelling stocks of most sectors.

At the same time, some pockets of the market disappointed investors with heavy losses. These company stocks have fallen up to 50% this year.

Here is the list of 10 worst performing stocks of 2021:

Value of Ujjivan Small Finance Bank shares came down by 53% in 2021

RBL Bank

Dhani Services’ stock slumped 50% this year

RBL Bank

Shares of Strides Pharma Science dropped 49% in 2021

RBL Bank

RBL Bank’s stock fell 43% in 2021

RBL Bank

Shares of Bandhan Bank went down 37% in 2021

Spandana Sphoorty Financial

IOL Chemicals and Pharmaceuticals fell 38% in 2021

Spandana Sphoorty Financial

Shares of Spandana Sphoorty Financial slipped 40% in 2021

Spandana Sphoorty Financial

Future Retail’s stock slumped 37% in 2021

AstraZeneca

Shares of AstraZeneca Pharma India declined 34% in 2021

AstraZeneca

CMS Info Systems, PB Fintech, Power Grid and other hot stocks on the last trading day of the year