Indian IT stocks face pressure from global AI advancements and China’s innovation, triggering sentiment-driven selling. While short-term pain is expected, experts believe the sector’s long-term fundamentals remain strong due to its implementation and customization expertise in cloud and data services.
Rupee, stocks reel as Trump signals end of Iran truce
Indian stocks and the rupee experienced a significant decline on Wednesday. This market downturn followed fresh US strikes on Iran and rising oil prices. The