IT Stocks Sink Up To 3.5%, Sensex Drops 378 Points Amid Global Risk-Off Mood
IT stocks dragged Indian markets lower as Sensex fell 378 points and Nifty slipped amid global risk-off sentiment driven by fresh US strikes on Iran, rising crude oil prices and hotter-than-expected US inflation, stoking fears of prolonged Fed hawkishness and sustained FII selling.
IT stocks dragged Indian markets lower as Sensex fell 378 points and Nifty slipped amid global risk-off sentiment driven by fresh US strikes on Iran, rising crude oil prices and hotter-than-expected US inflation, stoking fears of prolonged Fed hawkishness and sustained FII selling.
What's Your Reaction?
:max_bytes(150000):strip_icc()/GettyImages-2187410260-5afe56694791404f99c253dd8d5abe6a.jpg?#)
