Information technology stocks faced the wrath of FII selling as foreign investors pulled out Rs 15,213 crore worth of equities in April—marking the highest sectoral outflows since May 2022. Including April, the sector has booked a second consecutive month of FII outflow. Foreign investors have dumped equities worth Rs 23,664 crore in the IT space in the last two months, according to the data available on NSDL website.