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Mutual fund holdings of IT stocks sink to record low in September

Indian mutual funds decreased their investment in Information Technology stocks amid worries about artificial intelligence disruption and reduced client spending. The sector's weight in equity assets dropped significantly, affecting major companies like Infosys and TCS. While some fund managers reduced holdings, others increased their investments in select stocks such as Infosys and TCS. The…

We haven't written up this one. The Economic Times - Top News has the full story — the link below goes straight to it.

Read the original at economictimes.indiatimes.com →

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