The rally in technology stocks in India may face a speed bump next week as companies report their December-quarter earnings in the face of rising scepticism among analysts.
The NSE Nifty IT Index of 10 software majors has surged about 17% since late October, beating the NSE Nifty 50 Index. While the rally was initially driven by a global rebound in tech stocks, the Federal Reserve's dovish pivot at the December policy meeting turbocharged the run.
Esta historia es de la edición January 03, 2024 de Mint Mumbai.
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