We should not rule out the possibility that there is some profit booking that follows an event when typically it is buy on expectation and sell on news kind of a situation. So, that is where I think the IT sector may be taking a hit apart from whatever news flow is happening, that is the only near-term risk that there is some profit booking post FOMC meeting and that does affect IT as well.
Global bond index inclusions to boost Indian bond market, drive foreign flows: Lakshmi Iyer
Lakshmi Iyer of Kotak Investment Advisors discusses India’s inward-focused economic strategy, fueled by rising rural and urban consumption and supported by the BFSI sector. Despite
April 25, 2025