IT rout pushes Nifty below 23,400; Sensex drops over 300 points

Indian benchmark equity indices opened lower on Thursday, weighed down by IT stocks following Wipro’s revenue decline forecast amid tariff concerns. The BSE Sensex fell by 0.39%, and the Nifty50 slipped by 0.49%. This downturn was further influenced by US Federal Reserve Chair Jerome Powell’s warning about the risks of tariffs on growth and prices.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *