Nifty IT Index Trades At Its Lowest Valuation In One Year
Employees sit in front of computers at an office in New Delhi, India. (Photographer: Anindito Mukherjee/Bloomberg)

Nifty IT Index Trades At Its Lowest Valuation In One Year

The Nifty IT Index is trading at the sharpest discount to its historical average in a year as the rupee rebounds to near three-month highs.The 10-stock index trades at 16.2 times its estimated earn...
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