The sovereign bond upgrade by Moody's augurs bad for the IT biggies, with most of the companies seeing lows even as the benchmark Indices gain over 1% as against the correction expected in the markets.
IT Stocks Tumble After Moody's Sovereign Bond Upgrade
Infosys was hit the highest in the IT pack among the 30 shares index. This has come in after rupee appreciated to its highest level in four times against the dollar. All sector indices saw an upside except the IT pack.
The laggards in the space include all IT majors TCS, Infosys, Tech Mahindra, Wipro, HCL. The Nifty IT index lost as much as over 1% and was last seen at 11180.90.
Goodreturns.in
Notifications
Settings
Clear Notifications
No New Notifications
Notifications
Use the toggle to switch on notifications
Block for 8 hours
Block for 12 hours
Block for 24 hours
Don't block
To start receiving timely alerts, as shown below click on the Green “lock” icon next to the address bar
Click it and Unblock the Notifications
Close X
Close X
To Start receiving timely alerts please follow the below steps:
Click on the Menu icon of the browser, it opens up a list of options.
Click on the “Options ”, it opens up the settings page,
Here click on the “Privacy & Security” options listed on the left hand side of the page.
Scroll down the page to the “Permission” section .
Here click on the “Settings” tab of the Notification option.
A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification.
Once the changes is done, click on the “Save Changes” option to save the changes.
Click it and Unblock the Notifications
Sign in with Google