Information technology shares experienced the largest monthly foreign fund outflows in nearly two years, according to data compiled by NDTV Profit from the National Securities Depository Ltd. Overseas investors sold about $1.15 billion worth of IT shares last month, the highest monthly outflows since May 2022, according to the NSDL data.
The sector also saw its highest foreign money outflows in April.Information & technology stocks w...
Information technology shares experienced the largest monthly foreign fund outflows in nearly two years, according to data compiled by NDTV Profit from the National Securities Depository Ltd. Overseas investors sold about $1.15 billion worth of IT shares last month, the highest monthly outflows since May 2022, according to the NSDL data. The sector also saw its highest foreign money outflows in April.Information & technology stocks w...
