FIIs offload around Rs 17,000 crore worth of IT stocks in February 2026: Report
By
Binu Mathew
Foreign Institutional Investors (FIIs) have offloaded roughly Rs 17,000 crore worth of Indian IT stocks in February amid growing concerns about artificial intelligence (AI)’s potential to disrupt the industry, as per the data from National Securities Depository Limited (NSDL).
The foreign investors sharply decreased their shares in Indian IT firms throughout February, with selling almost Rs 11,000 crore worth of IT shares in the first half of the month, the data showed, adding that there were further outflows of around Rs 5,993 crore as the selling continued in the second half.
