2 outlets▼ Negative
Rajesh Exports, 9 other Nifty 500 stocks tumble up to 60% in 2026. How many do you own?
Indian markets moved lower.
23 Sept 2026 · Economic Times Markets, ET Stocks
Rajesh Exports has seen a staggering drop of 61.39% since the start of the year, making it the worst performer in the Nifty 500 index. HEG isn't far behind, down 61.16% year-to-date, reflecting significant volatility. Alok Industries' decline of 54.52% highlights the tough atmosphere for stocks.
The analysis
Because the driver here is macro rather than company-specific, the read-through is to index-level positioning rather than to any single name — correlations tend to rise when the whole market faces the same signal.
Market context
- This is a market-wide development — its reach goes beyond any single stock.
- The immediate tone of coverage reads negative.