IT stocks were the worst hit as the BSE IT index slumped over 22% during the period amid worries around the impact of the recession on margins as well as demand. The realty index was hit equally badly as interest rates began to rise.
Apple approaches $4 trillion valuation as investors bet on AI momentum
Apple is nearing a $4 trillion market cap, driven by investor excitement over its AI enhancements. The stock has risen 16% recently. Analysts expect iPhone