Nifty IT Index Plunges 11% in September, Lags Nifty 50
The Nifty IT index experienced a significant downturn in September, falling 11% and becoming the worst-performing sectoral index. This decline was notably steeper than the 6% drop observed in the broader Nifty 50.
New Delhi, Oct. 1 -- The IT sector was hit hard in September, with the Nifty IT index down 11% and the weakest sectoral index for the month. The decline was steeper than the 6% drop in the Nifty 50, underscoring rising investor concerns aroun…