Sharp Sell-Off: FIIs Withdraw Rs 11,000 Crore From IT Stocks In 15 Days, Holdings Fall To Four-Year Low

In a significant market shift, Foreign Institutional Investors (FIIs) have withdrawn approximately Rs 11,000 crore from Indian IT stocks over the past 15 days, marking a notable decline in their holdings to a four-year low. This trend is part of a broader selling spree in 2026, where FIIs have divested nearly Rs 12,800 crore from the IT sector alone, indicating a lack of confidence in the industry's performance. Analysts attribute this sell-off to various factors, including macroeconomic challenges, rising inflation, and a global slowdown in tech spending, which have collectively impacted investor sentiment. The IT sector, which was previously a major driver of growth for the Indian economy, is now facing increased scrutiny as companies recalibrate their strategies in response to changing market conditions. With this significant withdrawal, industry stakeholders are keenly watching how these developments will influence stock prices and overall market dynamics in the coming weeks.
Originally reported by NDTV Profit. Read original article
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