Kotak Equities Sees Further Downside in Top 20 Retail-Heavy Stocks
Market Performance Brief: June 2024 – December 2025
The following stocks witnessed significant corrections over the 18-month period ending December 2025:
* **Tata Technologies:** Recorded a decline of **36%**.
* **Olectra Greentec:** Experienced a downturn of **34%**.
* **Reliance Infrastructure:** Slipped by **13%**. Notably, retail investor participation in this counter remains high, with holdings estimated at approximately **45%**.