FII selling crosses Rs 50,000 crore in IT stocks in 2025. Is tech dead money or just misunderstood?
Pushing Nifty IT index down a staggering 25% and making it the market’s worst-performing segment, foreign institutional investors (FIIs) have dumped over Rs 50,000 crore worth of IT stocks so far in 2025. Out of Rs 95,600 crore that foreign investors have withdrawn from Indian markets through July, more than half has come from just one corner which was once the darling of global investors.
The selling momentum accelerated dramatically last month, with FIIs offloading nearly Rs 20,000 crore worth of IT stocks as disappointing Q1 earnings and widespread layoff announcements shattered any hopes of a near-term recovery.
