Infosys, TCS, HCLTech fall up to 5%: Why are IT stocks down today?
IT stocks tumbled on Wednesday as investors turned cautious ahead of the US Federal Reserve’s policy decision, with concerns over the interest-rate outlook adding to pressure on companies that earn a significant share of their revenue from the American market. The Nifty IT index fell around 3.3% in early trade on October 28. Mphasis was…