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AI SHOCKWAVES Foreign outflows from IT stocks at seven-month high

Orissa POST

|

March 07, 2026

Foreign outflows from India's information technology stocks hit a seven-month high in February, on worries that artificial intelligence-led disruption could squeeze earnings.

- REUTERS

Foreign portfolio investors sold IT stocks worth Rs 169.49 billion ($1.85 billion) for the month. That triggered a 19.5% drop in the IT index, its worst monthly performance since September 2008, when the global financial crisis upended equity markets, National Securities Depository (NSDL) data showed Friday.

Orissa POST

यह कहानी Orissa POST के March 07, 2026 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

क्या आप पहले से ही ग्राहक हैं?

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