FPI buying in Indian IT rises to highest since 2022 in July, shows data

Quick Summary:

Among the top IT companies, only Wipro fell behind expectations.

Prior to this, the IT sector was divided into software, services and hardware technology.

Besides IT, FPIs also mopped up automobile, metals and capital goods stocks, helped by sustained earnings momentum.

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Article Details

Category: BusinessFinance

Markets: India

Topics: IT industry FPI buying IT sector buying IT Sector NSDL FPI Indian IT

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-07 @ 13:49:09 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 381 words

Reading Time: 3 minutes read

Sentences: 13 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21968085

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Main Topics: BusinessFinance

Official Website: business-standard.com

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Year Established: 1975

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News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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