The Nifty IT index hit a record high on Tuesday, rising 1.4% to 44,240, with all 10 constituents in the positive. Infosys led with a 2.4% increase, followed by gains in other major stocks. Despite broader market selling in November, the index has risen over 9% this month and 23.7% year-to-date, outperforming the Nifty 50.
FPI buying returns to Dalal Street as global investors rethink AI bets
Foreign portfolio investors have shifted from aggressive selling to net buying of Indian equities recently. They invested nearly $1.2 billion over the last ten trading