The sharp drop in US consumer sentiment and persistent inflation concerns have triggered a selloff in Indian IT stocks, which have fallen up to 28% in a month. On Monday, IT stocks fell sharply on concerns over US stagflation as the world’s largest economy remains critical to the performance of the domestic tech stocks. Experts cite tariff concerns, weak earnings, and FII outflows as key risks but recommend accumulating large-cap IT stocks for long-term stability.
Export Promotion Mission sets unified path to strengthen India’s export competitiveness
India took a major step to strengthen its export ecosystem with the launch of the Export Promotion Mission (EPM), a unified framework approved in the