IT Stocks Fall as US Fed Holds Rates Steady

The US Federal Reserve decided to keep interest rates the same, which made investors in Indian IT stocks nervous.

This is because the Fed is worried about inflation and isn't planning to lower rates as quickly as expected.

As a result, stocks like LTIMindtree and Tech Mahindra went down.

Experts suggest that the IT sector might not grow as quickly in the near future.

Some companies, like Wipro, are seen as potentially doing better than others.