Nifty IT Index Struggles with Resistance Amid US Visa Concerns
We’ve been watching the Nifty IT Index closely these last few days. It’s hit a wall, and that wall isn’t just technical. New U.S. visa rules have brought fresh worries for India’s tech sector. On one side, the Index is bumping up against resistance near the 25,500–25,600 range, a zone where gains seem to stall….