Nifty IT recovered from an intraday slide of more than 6% to close 3.65% lower as Infosys, TCS and other tech stocks pared losses after an early selloff.
Nifty IT concluded nearly 4% lower after a volatile trading session. The index initially plummeted over 6% before a sharp intraday recovery. Infosys and TCS were among the tech stocks that pared significant losses, indicating some rebound from an early market selloff.
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