Nifty IT Falls 3% as Powell Warns on Rate Cuts; TCS, Wipro Drop Over 3% – Equitypandit
November 18, 2024November 18, 2024 The Nifty IT index fell nearly 3% on 18th November after U.S. Federal Reserve Chair Jerome Powell stated there was no urgency to lower interest rates, citing economic growth, a strong job market, and inflation above the 2% target. The index fell 2.7% as…