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After being net buyers in the IT sector in February, foreign institutional investors (FIIs) have changed their stance in March. This change in foreign investors has been seen amid global volatility and uncertainty due to US President Donald Trump's tariff policies. After net purchases of Rs 805 crore in February, FIIs withdrew about Rs 6,934 crore from the IT sector in the first 15 days of March.

With the decline in business and consumer sentiment, concerns have increased about the growth of the Indian IT sector. The income of these companies depends to a large extent on the US. Global brokerage firm Morgan Stanley

has predicted a decline in the growth and income of the IT sector,
citing the increasing risks for the domestic IT industry due to global macroeconomic changes and rapid technological progress. The brokerage firm believes that due to many factors, the income growth and valuation of IT companies can be affected. The brokerage said that the biggest negative for the IT sector is the increasing uncertainty in the global environment. Along with this, the target price of many major IT companies has also been reduced. The biggest decline has been seen in the target price of Infosys. Are

FIIs selling in these sectors too?
Apart from the IT sector, FIIs remained net sellers in many sectors including FMCG, auto, financial services, health services, capital goods, consumer services and power. In the first 15 days of March, FIIs sold about Rs 5,100 crore in FMCG stocks after selling Rs 6,900 crore in February. The auto sector saw selling of Rs 3,640 crore after selling Rs 3,960 crore in February. Financial and health services stocks saw selling of Rs 3,311 crore and Rs 2,049 crore, respectively, in the first half of March after selling Rs 6,991 crore and Rs 1,462 crore, respectively, in February. Capital goods and consumer goods sectors saw outflows of Rs 1,912 crore and Rs 1,900 crore, respectively, while power and consumer goods sectors saw selling of Rs 1,867 crore. 


Read More: ITC Share Price: ITC bought 49.3% stake in this company by investing Rs 81 crore

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