Nifty IT index slides 14% YTD, sinks to 8-month low. What’s spooking India’s tech stocks? | Stock Market News

Nifty IT index slides 14% YTD, sinks to 8-month low. What’s spooking India’s tech stocks? | Stock Market News

Source: Live Mint Indian stock market: The pain in Indian technology stocks is deepening with each passing day as signs of a slowing U.S. economy—where Indian tech giants have significant revenue exposure—are unsettling investor sentiment, leading to a severe sell-off on Dalal Street. Additionally, diminishing expectations of multiple U.S. Fed rate cuts in 2025, coupled…

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