FIIs turn buyers in IT, telecom stocks in second half of October ahead of Diwali
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Technology stocks, the third biggest collectively by weighting on the Nifty, were relative stragglers through most of 2026, as foreign portfolio money was busy chasing the AI play elsewhere in Asia. Through the second half of October, however, IT and telecom have drawn disproportionate interest from FIIs, which continue to sell other pockets of the market. FPIs made net purchases of ₹13,112 crore in Indian equities in the second half of October, after selling more than ₹47,955 crore in the first half of the month.
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