Tata Motors saw an EPS estimate cut of 25% last month, while JSW Steel’s EPS estimate was slashed by 16%. Wipro, Tech Mahindra, Shree Cement, and Tata Steel, among others, have seen EPS estimates drop by 5-7% in the last four weeks, according to Bloomberg consensus estimates.
Rs 23,000 crore outflows! Is the September FII rout indicating a worse end to 2026?
Foreign investors have resumed selling Indian equities in September, with FPI outflows crossing Rs 23,000 crore through September 19. Higher crude prices, elevated US bond