The Nifty IT index declined 3.5% on Monday, its highest decline in two-and-a-half months after the US Federal Reserve Chairperson Jerome Powell on Friday emphasized that the central bank’s priority remains controlling inflation even if higher interest rates lead to lower economic growth.
Global bond market volatility fueling shift towards Asia-Pacific equities: Manishi Raychaudhuri
After a strong rally in Asian markets, particularly India, a breather is expected due to high valuations and downward revisions in earnings estimates for fiscal