VERIFIEDET Stocks·29 Jul 2026neutral

FIIs cut stakes in 7 Nifty IT stocks. Then the index surged 16% in July

AI Summary

·Foreign investors reduced stakes in most Nifty IT stocks in the June quarter.
·Oracle Financial Services Software was the only Nifty IT stock where foreign investor stake increased.
·Mutual funds also cut holdings in nine of ten Nifty IT companies during the June quarter.