Fed meeting: Can a hawkish US central bank derail the recovery in the IT stocks?
Concerns grow over impact of high interest rates in the US on Indian IT stocks. Nifty IT index in the green since May.
The Nifty IT index has been in the green since May this year on a monthly basis but concerns are growing that if interest rates in the US stay high for a longer than expected period, it will impact the Indian IT stocks.
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