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Infosys, HCLTech, TCS, other IT stocks drop up to 3% as Fed rate hike worries return. Here's why
The Economic Times
September 7, 2026
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Shares of Indian IT companies including Infosys, HCLTech, TCS, Wipro and others dropped up to 3% on Monday as stronger-than-expected US jobs growth data boosted bets of a September interest rate hike by the Federal Reserve.The Nifty IT index dropped over 2% to trade at 30,082 on Monday, leading loss
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