The Nifty IT has been one of the worst-performing indices on the bourses this calendar year. Rising concerns of a potential global recession, which investors fear can dampen demand for export-facing domestic information technology (IT) giants, have sent the index down over 30 per cent on a year-to-date basis. By comparison, the Nifty50 Index has shed 2.8 per cent during the period, reveals data by ACE Equity.
IFFI hosted a screening of Ajay Devgn's big hit Drishyam 2, along with premieres of other Hindi films.
Amazon Prime Video has announced a huge number of assorted Web series and movies, and the slate sure looks interesting.
Indian software firms have been retraining their workforce in emerging technology areas, also helping them get certified
Infosys, Wipro may follow suit as investors eye a piece of the large cash kitty as growth slows.