Share via:
The NSE Nifty IT Index is down about 21% so far this month, wiping out more than $54 billion in market value, according to a Bloomberg report.
The Indian tech gauge plunged 4.9% in a single day—the worst drop since August 2023 —impacting Indian services firms amid the AI scare-driven trade sell-off.
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
The NSE Nifty IT Index is down about 21% so far this month, wiping out more than $54 billion in market value, according to a Bloomberg report.
The Indian tech gauge plunged 4.9% in a single day—the worst drop since August 2023 —impacting Indian services firms amid the AI scare-driven trade sell-off.
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi
