The Nifty It’s Index is 2 percent below .. Top lost Infosys
In view of the implementation of American tariffs and investors concerns over the economic recession, the major US index collapsed on Monday night and sold in domestic technology shares. Due to fear of recession in his biggest income, there has been a decline in Indian IT shares in today’s trade. As a result, the Nifty It Index fell another 2.2% to 36,826 points.
Infosys lost 3.2 per cent, while Wipro, Tech Mahindra, L&T Technology Services and Coffees were trading between 1 per cent and 2 per cent.
Investors are worried that jumping on Mexico, Canada and China will reduce consumer demand and corporate investment. Trump on Sunday refused in an interview with a Fox News whether the US was facing a recession.
Weakness in economy
These concerns have intensified with the increasing weakness of America’s economy. The latest non -FARM payroll data has shown that 151,000 jobs were increased in February. This is the first monthly payroll report to reflect the policies of President Donald Trump. At the same time, the unemployment rate increased to 4.1 %.
Fear of increasing recession rather than weak data and expectation, Tech-Havi Nasdock pushed into the reform sector. It fell 13% in just three weeks from a recent high level. Federal Reserve Chairman Jerome Powell said that the economy was in a strong foundation, but it should be careful in reducing debt costs.
There is a concern that the US stock market, which emerged after Trump’s victory in the US presidential election, then hurt his trade policies. From consumers to traders, everyone is worried about the recession.
This has inspired consumers to reduce their shopping and increase savings. If trade stress is further increased, the corporation can free fresh appointments. Extension plans can be disabled. Experts believe that it will have an impact on the economy, which is the main driving force.
Investors are also losing confidence in the world’s largest economy, and the US dollar index, which is usually considered a safe shelter, is a significant decline. The index recently recorded a decline of 6 percent from high. Reports show that business stress is bothering investors and other safe currencies.
Nifty This declines 20% in 3 months
Investors are exiting technical shares in recent months amid fear of US economic recession. This caused the Nifty IT index to fall by 20% in just 3 months. In addition, the US Federal Reserve deduction in 2025 will also affect tech shares.
There is a possibility that tariffs will increase the prices of goods and limit the ability to reduce the Federal Reserve interest rates.
The country’s central bank is closely monitoring the influence of the White House trade policies on the economy.
(Disclosure: The views and recommendations given in this article are individual analysts. They are not represented by HT Rai. We advise investors to contact certified experts before making any investment decisions.)
