Billion-dollar bruises in 2024! Reliance Industries among 27 stocks with highest drop in market value

In 2024, while Junior Nifty50 and smallcaps delivered strong returns, several major stocks on Dalal Street, including Asian Paints, Reliance, HUL, Titan, Bajaj Finance, Adani Green, and DMart, lost over $1 billion each in market value. Despite being consistent performers, these stocks suffered due to misalignment with market and business cycles, highlighting the shifting nature of bull markets.