Indian stock market, March 11 -- The sell-off in domestic technology stocks deepened in today's session, March 11, after major U.S. indices crashed overnight on Monday, driven by investor concerns over an economic slowdown after President Donald Trump did not rule out a recession amid the implementation of U.S. tariffs.
Fears of a slowdown in their biggest revenue component have sent Indian IT stocks tumbling in today's trade, resulting in the Nifty IT index dropping another 2.2% to 36,826 points, a level not seen since July 2024.
All 10 constituents of the index traded in the red, with Infosys emerging as the top loser, down 3.2%, followed by Wipro, Tech Mahindra, L&T Technology Services, and Coforge, all trading with cuts between 1% a...
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