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.
Sebi cancels registration of 12 research analysts over unpaid renewal fees
Sebi has cancelled twelve research analyst registrations for failing to pay renewal fees. These entities and individuals had their certificates cancelled after the fees remained
July 9, 2026