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Stocks That Surprised And Disappointed The Most In 2019
Thirty-one constituents of the 50-stock index didn’t meet the average 12-month price target assigned at the start of the year.
31 Dec 2019, 03:05 PM IST ![NDTV Profit](/icons/feather-without-circle.svg)
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![The Bombay Stock Exchange building in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)](https://media.assettype.com/bloombergquint%2F2019-12%2Fa8cd5229-4126-46f9-9b9b-81c5ae4a6229%2FBSE_3.jpg?rect=0%2C418%2C3999%2C2249&auto=format%2Ccompress&w=200)
The Bombay Stock Exchange building in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)
As an year of uncertainty draws to a close for Indian equities, nearly two-thirds of Nifty 50 companies missed forecasts analysts made at the start of 2019.Thirty-one constituents of the 50-stock index didn’t meet the average 12-month price target assigned at the start of the year, analyst estimates compiled by Bloomberg showed. Exactly the same number of companies had missed forecasts last year as well.
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