24/2/2025, 11:37:03 am

Why are Tech stocks falling today? 3 reasons are…

The stock market dropped again, with IT stocks leading the decline. Nifty IT fell 2.56% to 39,504.85, while Wipro dropped 3.5% intraday. Key reasons include US inflation concerns, with consumer sentiment and home sales declining, foreign institutional investors selling heavily, and tariff worries impacting IT companies, raising investor concerns about future spending on IT services.