5. Reliance ADAG

Anil Ambani's Reliance Group was another major loser with a downfall of 20.3 percent as its entire six companies failed to earn returns. It’s market cap is 75,980.19 crore. Sunil Singhania, Head of Equities, Reliance Mutual Fund, says, “FY13 would be a year of stock-picking. There would select stocks in sectors such as pharma, IT, cement and certain interest rate-sensitive sectors which would do well in FY13.”

Financial expert Sadanand Shetty, Fund Manager of Taurus Mutual Fund says, “At present, we are at the cheapest point in terms of valuation of companies.” But in contradiction Singal says “With higher prices of coal, electricity and transportation, inflation may not taper off easily in the near term. If that happens, the RBI may find it challenging to cut interest rates at a faster clip any time soon.”