FII outflows surpass ₹13,000 crore by mid-February, IT stocks worst hit on AI fears
Published on 19/02/2026 10:59 AM
FII outflows surpass ₹13,000 crore by mid-February, IT stocks worst hit on AI fearsAccording to NSDL data, total FII investment in IT shares dropped to a four-year low of ₹4.49 lakh crore as of February 15.By CNBC-TV18 February 19, 2026, 10:59:24 AM IST (Published)2 Min ReadForeign institutional investors (FIIs) pulled out more than ₹13,000 crore from five major sectors during the first half of February, with IT stocks taking the worst hit amid lingering worries over AI-led disruption.
According to Moneycontrol data, FIIs pulled out ₹10,956 crore from the IT sector in the February 1-15 period against net investment of ₹240 crore in the previous fortnight.
FII outflows led to a slide in IT shares, with the Nifty IT index tanking 14% in February so far. Among leading stocks, Infosys fell 16.5%, TCS by 14% and HCL Technologies by 14.2%. Tech Mahindra fell by 12% while Wipro and Persistent Systems dropped around 10%.
According to NSDL data, total FII investment in IT shares dropped to a four-year low of ₹4.49 lakh crore as of February 15, which was down 16% compared to ₹5.34 lakh crore at the end of January 2026.
Among other sectors, FMCG stocks saw outflows of ₹1,182 crore, healthcare ₹1,051 crore, consumer durables ₹434 crore and telecom ₹106 crore.
Capital goods, financial services, and oil & gas attract FII money
On the other hand, sectors like capital goods, financial services, oil and gas, metals and mining, power and construction attracted FII funds of ₹31,850 crore during the fortnight ended February 15.
The capital goods sector was the biggest gainer, drawing FII funds of ₹8,032 crore in the first half of February against net inflows of ₹2,435 crore in the second half of January, according to the Moneycontrol data.
Financial services saw FII inflows of ₹6,175 crore against outflows of ₹5,402 crore in the previous fortnight, while oil and gas stocks witnessed FII buying of ₹4,678 crore in the first half of February against outflows of ₹391 crore in the second half of January.
Metals and mining recorded buying worth ₹3,279 crore during the first half after buying over ₹11,526 crore in January. Power and construction saw buying worth ₹3,272 crore and ₹1,745 crore, respectively, during the first half, after selling over ₹1,867 crore and ₹1,532 crore in January. Services sector recorded FII buying worth ₹1,286 crore and consumer services ₹1,066 crore.Continue Reading(Edited by : Ribhu Ranjan)TagsFIIFII flowsFII outflowsFII selling