Mutual funds reduced exposure to IT stocks in February, with the sector’s weight in portfolios falling to an eight-year low of 6.9%, according to a Motilal Oswal report. The decline follows a sharp fall in tech stock values, even as some fund houses selectively increased holdings in key companies like Infosys and TCS.
Sensex slumps 583 pts, Nifty below 24,000; 7 key triggers
Indian stock markets experienced a significant downturn on Thursday, with Sensex and Nifty both falling over 0.7%. This decline was driven by soaring oil prices,