US-Iran war: Infosys, Persistent Systems to OFSS — IT stocks fall on fears of subsea cable, internet disruptions
Nifty IT fell by 1.5% on March 30 due to Iran's threats against undersea internet cables, raising concerns about India's digital connectivity. Key stocks like Oracle and HCL Technologies dropped 1-3%, while analysts suggest increased volatility for Indian IT stocks amid rising geopolitical tensions.
Nifty IT fell by 1.5% on March 30 due to Iran's threats against undersea internet cables, raising concerns about India's digital connectivity. Key stocks like Oracle and HCL Technologies dropped 1-3%, while analysts suggest increased volatility for Indian IT stocks amid rising geopolitical tensions.
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