FIIs raised stakes in multiple IT stocks in Q4, hoping for a turnaround in FY25. However, they sold IT stocks in April, leading to a 4.4% drop in the Nifty IT index. Various companies and sectors were involved in these transactions.
Death Crossovers: These 5 stocks signal bearishness on March 17
In the Nifty500 pack, five stocks are witnessing Death Crossovers, according to stockedge.com’s technical scan data. The death cross is a technical indicator of bearishness.