
A look back at the sectors and top gainers and losers of Nifty and CNX 500 shows all the sectors except FMCG(-14%) and Pharma(-34%) have fallen more than 50%.BSE Realty index has lost more than 80%.Top losers of Nifty and CNX 500 stocks show they have lost anywhere between 40 to 90%.
Nifty Losers:

CNX 500 Losers:

Stocks which have fallen less are those in FMCG and Pharma sectors. These are considered defensive stocks during such down trends.

Going forward,stocks in sectors like FMCG,Pharma and with Brand names are likely to outperform.Looking at the current interest rate scenario PSU Banking stocks and selective private banks, would also outperform.