Over 200 BSE-500 stocks under-perform since August

Religare Enterprises cracked 58% since August 1 to its 52-week low of Rs 42.70

As the markets remain in a consolidation mode after the S&P BSE Sensex fell 2.6% (873 points) from its closing high of 32,575, hit on August 1, 2017, there are over 200 stocks in the BSE500 index that underperformed the indices and fell up to 58% during this period. Meanwhile, Nifty50 index also cracked 1.9% (201 points) from its closing high of 10,114.
 
Poor earnings, geopolitical concerns over North Korea missile tests, India-China Doklam stand-off were few of the main reasons behind the fall in the indices.
 
Sectorally, pharma index was the biggest loser with BSE Healthcare and