Rupee hits record low; IT stocks show mixed performance
pre-market1 source ↓written by the desknot a recommendation
- index
- 0.18%
- after fluctuating between
- 38,166
- led gains
- 0.68%
- fell
- 0.33%
- IT opened
- 38,203.85
The rupee reached a new record low, impacting investor sentiment amid uncertainty over the India-US trade deal. During intraday trading on 12 Dec, the Nifty IT index was up 0.18% at 38,166 after fluctuating between gains and losses. TCS led gains at 0.68%, while Coforge fell 0.33%.
• Nifty IT opened at 38,203.85
• Intraday high of 38,212.75
• Day's low at 37,901.75
The mixed performance reflects ongoing challenges in the sector.
Not investment advice. For informational purposes only.