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VERIFIEDET Markets·negative

Nifty IT hits fresh 52-week low as Infosys, TCS, Wipro & others tumble up to 3%. What's spooking investors?

AI Summary
  • ·The Nifty IT index reached a new 52-week low, falling over 2% on Tuesday.
  • ·Infosys, TCS, and Wipro stocks saw declines of up to 3%.
  • ·Investor sentiment was impacted by inflation concerns and uncertainty regarding US Federal Reserve interest rates.
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