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