why are tech stocks down today in india

Sensex tanks over 1400 points on inflation worries. GOOGL shares are falling 17 as of this writing.

Best It Sector Stocks Can Tech Stocks Make You Rich

Nio shares continue to slide.

. Why Are Stocks Down Today. Similarly Tech Mahindra and TCS lost 268 and 246 on Sensex. NIO stock has tanked more than 40 in the last month far outpacing the approximately 14 decline in the SP 500 index.

The most notable factor driving tech stocks lower today was a rather dismal inflation printThe most recent consumer price index CPI. Ad Connect With Edward Jones And Learn More About The Current Market Fluctuations. Many market sectors are still beaten-down and trade at.

The tech-heavy Nasdaq Composite is down around 23 for the year so far after soaring 21 in 2021. The past couple of months have been subdued for IT stocks. The Nifty IT index has fallen more than 8 per cent in a week compared to 3 per cent fall seen in Nifty50 in the same period.

Market News Just Got Easier to Navigate. Nifty50 was trading at. Stocks fall Nasdaq drops nearly 25 as tech sector stumbles.

2 days agoFor tech stocks that would be a further 25 percent drop. It slid up to 783 to Rs 7421 on BSE. Heres a quick breakdown of how these tech stocks are performing as of Thursday morning.

InvestorPlace - Stock Market News Stock Advice Trading Tips. Tech Mahindra and Mphasis plunge 7. 3 2021 0333 PM.

What happenedNio NYSE. One of the key drivers of todays price action among tech stocks is bond yields. Tech Mahindra down 6 At 240 pm the BSE Sensex was trading 148584 points or 274 per cent lower at 5272269.

The IT index is down by about 15 per cent so far in. META stock is down 22 today. Long bond yields have continued higher in response to inflation concerns.

IT behemoths Wipro and TCS fall 4. While tech stocks had been leading the way down tuesdays drop is characterized by more general weakness with almost 90 of sp 500 components trading lower according. Today popular tech stocks such as Adobe NASDAQ.

Heres a quick breakdown of how these tech stocks are performing as of Thursday morning. ET after it was. META stock is down 22 today.

Infosys was the top Sensex loser today falling 497 to Rs 76630. Total 473 lakh shares of the firm changed hands amounting to a turnover of rs. Ad Tune in to TDA Network During Periods of Volatility for Real-Time Market Insights.

Your Long-Term Investment Goals Are Our Priority. Why infosys tech mahindra tcs wipro and other it sector stocks fell amid the greatest bull run of indian market. What happenedShares of semiconductor manufacturing equipment maker Applied Materials NASDAQ.

Tech stocks are only attractive if the rest of the market is. For the sake of comparison the SP 500 an index made up of 500 of. GOOGL shares are falling 17 as of this writing.

AMAT are tumbling today down by 48 as of 1235 pm. Check Out Our Upgraded Website Experience Today. Why Are Tech Stocks Down Today.

Dan Ives managing director at Wedbush Securities believes certain tech stocks like Apple and Microsoft have an upward 25-30 move for the rest of the year while other e. The stock market has certainly taken a turn for the worse.

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