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.
European shares extended their decline on Tuesday, mirroring a global equity selloff as investors grappled with the prospect of a prolonged Middle East conflict. A
Gaurs Group is investing Rs 100 crore to establish a precast manufacturing plant in Greater Noida, partnering with Elematic India for advanced concrete technology. This
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