Correction stabilises valuation of IT stocks before a rate hike injects more volatility in markets - Moneycontrol

6/7/2022 12:00:00 AM2 years 10 months ago
by Gaurav Sharma
by Gaurav Sharma
Strong demand and other long-term growth drivers are intact for the IT sector. With favourable exchange rate and easing of supply-side challenges, the sector is likely to deliver good growth again in the medium to long term
The ongoing correction in global equity markets have put cogs in the bull run seen across sectors with some sectoral indices losing up to 25 percent. Due to a surge in inflation, central banks world… [+4281 chars]
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