Largecap stocks are usually seen as safer long-term bets in a volatile market. But even in the Nifty, safety has not always meant returns. According to ACE Equity data, six Nifty stocks have delivered negative returns over the last five years. The list includes Tata Consultancy Services, Infosys, Hindustan Unilever, HDFC Life Insurance, Asian Paints and HDFC Bank.
All of these stocks are market leaders in their sectors. Yet, each has struggled with a different mix of growth, valuation, margin and sector-specific problems.