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The ‘picks and shovels’ AI trade: Why domestic funds are backing these zero-debt IT firms

  • Posted on July 5, 2026
  • By Financial Express
  • 0 Views
  • 1 min read
The ‘picks and shovels’ AI trade: Why domestic funds are backing these zero-debt IT firms
The ‘picks and shovels’ AI trade: Why domestic funds are backing these zero-debt IT firms

While Foreign investors have been selling India's IT stocks, the Domestic smart money is quietly raking up their stakes in 2 IT companies that are at the forefront of the AI transformation. Two AI stocks, one quiet buying pattern, and one big question: are the fund managers onto something?
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Author
Financial Express

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