FPIs back on D-Street: Foreign portfolio investors pour in over Rs 33,000 crore, but why is IT sector missing from their shopping list? – The Times of India

ai generated image used only for representational purpose

Foreign portfolio investors once again turned towards Dalal Street to shop for Indian equities, spending in Rs 33,487 crore across 15 sectors, in the first half of February. The bulk of the inflows went into capital goods, financial services and oil & gas stocks, marking the strongest fortnightly buying seen since the second half of …

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‘Plumbers of the tech world’: Why Indian IT sector shouldn’t worry about AI impact – JPMorgan explains new areas of work – The Times of India

it sector stocks crash

Drawing a practical analogy, the JPMorgan report calls IT firms the ‘plumbers of the technology world’. (AI image) India’s IT sector is witnessing an unprecedented rout with stocks tanking on fears of artificial intelligence making the main roles at technology sector giants redundant. It’s a selloff like never before – but is the situation so …

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