IT stocks were the worst hit, with the BSE IT index closing down 5.1%. Analysts said the strong selling in this sector was against the backdrop of weak business expectations from two of the leading companies in the sector, Infosys and HCL Tech, which announced their quarterly results this week.
Sensex slips 1,000 points as oil prices rise, rupee falls –
Anand Kumar
Anand Kumar is a Senior Journalist at Global India Broadcast News, covering national affairs, education, and digital media. He focuses on fact-based reporting and in-depth analysis...
Anand Kumar is a Senior Journalist at Global India Broadcast News, covering
national affairs, education, and digital media. He focuses on fact-based
reporting and in-depth analysis of current events.
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