Mutual funds slash stakes in 9 of 10 IT stocks but Rs 4 lakh crore still at play

February 17, 2026

Mutual funds significantly reduced their holdings in nine out of ten major IT stocks in January, driven by concerns that AI will disrupt the traditional outsourcing model. Despite this selling pressure, the sector still holds substantial value, with managers offloading stakes in giants like Infosys and TCS, while showing some interest in Wipro.

More To Explore

Gold below Rs 1.5 lakh, silver down Rs 2,000 on dollar strength, Trump’s power plant threat to Iran. What should investors do?

Gold and silver prices dipped on Monday amid a stronger dollar and escalating Middle East tensions, dampening hopes for U.S. Federal Reserve rate cuts. Traders

April 6, 2026

Wipro shares gain 3% after bagging Olam deal worth more than $1 billion

Wipro Limited share price surged 3% following a significant deal with Olam Group. This multi-year strategic transformation contract is valued at over one billion dollars.

April 6, 2026

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003