Category: Stock

AI worries push Nifty IT ETFs down up to 21% in Feb, Nasdaq ETFs fall only 5%: Here’s why

The Nifty IT index closed February around 20% lower, while the tech-heavy Nasdaq declined only 4% during the same month. Experts highlighted structural differences in index composition as the reason for the divergence in the performance of ETFs benchmarked to the two indices. “The Nasdaq comprises hardware, platform and product-led technology companies which include AI […]

FPIs inflow hit 17-month high at Rs 22,615 cr in Feb

Foreign portfolio investors (FPIs) infused Rs 22,615 crore into Indian equities, marking the highest monthly inflow in 17 months, driven by the interim India-US trade deal, correction in domestic market valuations and robust third-quarter corporate earnings. The latest buying follows three consecutive months of heavy selling. FPIs pulled out Rs 35,962 crore in January, Rs […]

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