Nifty IT Index Plummets 3.5% as Record Low Rupee and $105 Oil Trigger Tech Sell-Off

The Indian IT sector witnessed a massive bloodbath on Tuesday. A perfect storm of a crashing currency and surging energy costs spooked global investors.The Nifty IT index plummeted 1,051.20 points, or 3.58%, to trade at 28,358.00 by 11:51 IST. The index opened at its day-high of

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