By Monika Singh | 24 Aug, 2022
Selloff in IT stocks continue, BSE IT sheds 23% since January
IT stocks sold off for the fourth straight session on Tuesday owing to investor concerns that margins of software firms could continue to stay under pressure as wage and retention costs rise and expenses on travel and facilities also increase. Moreover, there are apprehensions that business from top geographies could slow. The BSE IT index has given up close to 23% since January and ended Tuesda...
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