Tag: information technology

BENGALURU: Indian shares fell on Thursday, dragged by information technology (IT) and consumer stocks, tracking weakness in global peers on worries over China's economy and interest rate concerns in the United States.The Nifty 50 index settled 0.51% lower at a more-than five-week low of 19,365.25, while the S&P BSE Sensex fell 0.59% to an over six-week low of 65,151.02.IT firms, which earn a significant share of their revenue from the U.S., dropped 0.49% on fears of further monetary policy tightening in the world's largest economy after minutes of...