For retail investors, tracking where mutual funds allocate capital can offer valuable market insights, as these institutions typically invest after extensive research and with high conviction. An analysis of BSE-listed companies with a market capitalisation above Rs 3,000 crore shows that 52 stocks saw a consistent rise in ownership by both mutual funds and retail investors, defined as individual shareholders holding up to Rs 2 lakh in nominal share capital, across the last two quarters, from September 2025 to December 2025 and again from December 2025 to March 2026.In terms of six-month share price performance, most of these stocks delivered negative returns. The top 10 laggards declined by more than 25%. However, on the positive side, the top three gainers generated returns ranging from 20% to 70% during the same period. (Data source: ACE Equity) Infosys, TCS, Wipro, other IT stocks climb up to 5%. Here's why

MFs, retail investors keep buying these stocks for two straight quarters; many fall over 25%

IRFC Share Price107.19-43.8%0.46(0.43%) Upside Suzlon Energy Share Price55.0719.0%0.75(1.39%) Upside IREDA Share Price136.3332.0%-0.08(-0.06%) Upside Tata Motors PV Share Price360.752.1%2.61(0.73%) Upside YES Bank Share Price22.59-12.1%0.47(2.08%) Upside HDFC Bank Share Price795.8532.8%-0.7(-0.09%) Upside NHPC Share Price82.043.6%-1.62(-1.94%) Upside RVNL Share Price309.2-15.3%4.1(1.35%) Upside SBI Share Price1097.19.5%1.1(0.11%) Upside Tata Power Share Price439.8-6.4%-3.45(-0.78%) Upside Tata Steel Share Price217.21-1.3%1.75(0.81%) Upside Adani Power Share Price230.37-15.5%1.25(0.55%) Upside PayTM Share Price1176.723.6%66.11(5.96%) Upside PNB Share Price109.412.2%-0.79(-0.71%) Upside Eternal Share Price257.6637.1%1.62(0.63%) Upside BEL Share Price439.212.0%1.0(0.23%) Upside BHEL Share Price403.85-20.2%17.91(4.64%) Upside Infosys Share Price1169.827.8%2.6(0.23%) Upside IRCTC Share Price570.735.7%-2.05(-0.36%) Upside ITC Share Price309.216.0%-1.5(-0.49%) Upside Jio Financial Services Share Price251.4521.4%-1.0(-0.4%) Upside LIC Share Price811.7531.3%4.5(0.56%) Upside RIL Share Price1440.517.9%2.6(0.19%) Upside HAL Share Price4765.110.7%138.21(2.99%) Upside JP Power Share Price19.5null%0.2(0.99%) Upside NBCC Share Price95.7645.4%0.83(0.87%) Upside TCS Share Price2409.220.3%-26.21(-1.08%) Upside Vedanta Share Price306.9176.5%-9.5(-3.01%) Upside Wipro Share Price197.887.6%-1.25(-0.63%) Upside Indian Oil Corp. Share Price147.3118.8%-0.91(-0.61%) Upside Ircon Intl. Share Price162.69-6.6%3.53(2.22%) Upside SAIL Share Price188.85-21.1%2.82(1.52%) Upside SJVN Share Price80.0717.0%0.13(0.17%) Upside GAIL Share Price167.814.8%2.13(1.28%) Upside HUDCO Share Price226.9823.2%4.57(2.06%) Upside REC Share Price362.427.5%3.3(0.92%) Upside Reliance Power Share Price29.33null%0.16(0.55%) Upside Tata Technologies Share Price629.2-12.4%1.5(0.24%) Upside Vodafone Idea Share Price11.24-12.7%-0.07(-0.54%) Upside Adani Ent. Share Price2519.86.9%-20.5(-0.81%) Upside Adani Green Share Price1363.5-3.3%10.5(0.78%) Upside Adani Ports SEZ Share Price1735.46.8%-12.9(-0.74%) Upside Ashok Leyland Share Price171.2813.6%3.48(2.08%) Upside Bank of Baroda Share Price270.0520.5%-0.25(-0.1%) Upside BSE Share Price3962.0-10.7%109.91(2.86%) Upside Canara Bank Share Price136.3515.0%-1.69(-1.23%) Upside CDSL Share Price1272.72.5%-10.1(-0.79%) Upside Coal India Ltd Share Price458.2-1.7%HFCL Share Price145.97null%IDFC First Bank Share Price69.910.0%

Source: The Economic Times