Recession fears can pull IT stocks lower

August 30, 2022

The Nifty IT index declined 3.5% on Monday, its highest decline in two-and-a-half months after the US Federal Reserve Chairperson Jerome Powell on Friday emphasized that the central bank’s priority remains controlling inflation even if higher interest rates lead to lower economic growth.

More To Explore

Mcap of top-10 most valued firms slumps Rs 4.95 lakh cr; TCS, Reliance hardest hit

The combined market valuation of all the top-10 most valued firms plunged Rs 4,95,061 crore last week, in line with a bearish trend in equities,

December 22, 2024

Unimech Aerospace IPO opens tomorrow. Price band, GMP among 5 things to know before subscribing

The initial public offering (IPO) of Unimech Aerospace will open for subscription on Friday. The issue closes on December 17. Through the public offer, the

December 22, 2024

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003