IT Sector Stocks Under Pressure as US Deficit Worries Trigger Selloff; Tech Mahindra, Infosys, TCS Decline
Shares of Indian IT companies fell sharply on May 22 as global investors reacted to rising concerns over the United States’ fiscal deficit. The Nifty IT index slipped nearly 1.4 percent in early trade, as selling pressure from Wall Street spilled into Indian markets. Investors are closely watching US lawmakers, who are currently working on […]