FPI Tracker: IT stocks see ₹11,000-crore selloff amid AI fears in February; money flows into capital goods, financials

Foreign Portfolio Investors (FPIs) dumped Indian information technology (IT) stocks worth nearly ₹11,000 crore in the first half of February, amid mounting concerns over artificial intelligence (AI)-led disruption in the sector. FPIs were net sellers of Indian IT shares to the tune of ₹10,956 crore between February 1 and 15, according to data from the…

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