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​As far as some of the other counters are concerned, we are seeing a bit of a short covering rally except for example something like a KPIT Tech is bouncing back.

10 large-cap stocks from the Nifty200 index where FIIs increased their stake in Q3

Mazagon Dock share price: Over the past year, Mazagon Dock shares have surged by 106.18%, although they have declined by 6.75% in the last six months. In shorter durations, the stock gained 12.52% over three months, 0.97% in one month, and 5.14% year-to-date (YTD).

Global investors have withdrawn $6 billion this month, leading to the worst start for the NSE Nifty 500 Index in nine years. Domestic institutions and retail investors remained buyers, with net purchases of $8 billion, solidifying their role as market drivers.

There is a sense of a herd mentality in this business and I can give you enough, I can give you 10 data points to prove this mathematically not by perception.

JSW Steel’s Q3 revenue is estimated between Rs 38,581 crore and Rs 41,750 crore, factoring in projections from Nuvama, Elara, and Kotak Institutional Equities. Nuvama predicts the steepest PAT fall, while Kotak offers conservative estimates. Nomura cut its 3QFY25 EBITDA forecast by 21%, citing weaker volumes and HRC prices. Elara and Kotak expect significant YoY topline declines.

Rexpro Enterprises SME IPO was fully subscribed on the second day of bidding, with a 4.17 times overall subscription. The company aims to raise Rs 54 crore, and its shares are set to list on the NSE SME platform. The retail portion was subscribed 7.31 times, while the GMP ahead of listing stood at Rs 25, indicating a 17% premium over the IPO price band.

Wipro shares surged 5% following strong third-quarter earnings, which saw a 24% YoY increase in net profit and a marginal rise in revenue. Investor sentiment was buoyed by robust deal momentum, including $3.5 billion in contracts. Technical indicators suggest a bullish trend, with Wipro benefiting from global tech rallies and sectoral optimism.