IT, telecom stocks decline as market selloff resumes amid FII outflows
· business-standard.com
Nifty IT fell 0.79 per cent on Monday, while telecom shares remained under pressure amid FII outflows, concerns over Jio Platforms' IPO valuation and broader market weakness
The Nifty IT index ended Monday at 28,349.60, down 0.79 per cent, with HCL Technologies (0.52 per cent) and Persistent Systems (0.29 per cent) the only gainers....