IT shares fall up to 3.5% as Fed chair speech raises rate-hike bets; Persistent, Wipro, Infosys lead losses

IT shares fell up to 3.5% on August 31 after US Federal Reserve Chair Kevin Warsh's comments raised the odds of a near-term rate hike in the world's largest economy. At 11:30 am, Nifty IT index was trading 1.8% lower after rising 3.5% in th
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