SENSEX
NIFTY
GOLD
USD/INR

Weather

image 20    C

Markets News

The Economic Times

Markets / The Economic Times

details

FIIs dump Rs 17,000 crore worth of IT stocks in February. Will AI eat software?

Foreign institutional investors dumped nearly Rs 17,000 crore worth of Indian IT stocks in February amid rising concerns that artificial intelligence could disrupt the traditional software services model. While brokerages warn of further downside and earnings risks, some analysts believe AI could eventually expand the industrys long-term growth opportunities.

6 Mar 2026 12:14 pm