IT Stocks Slip Ahead of US Fed Rate Decision

IT shares fell on September 15 as investors awaited the US Fed’s policy outcome.

Infosys dropped around 1% despite announcing a ₹18,000 crore buyback, while TCS and Tech Mahindra also declined. The Nifty IT index slid nearly 1%, with all constituents in red, as markets expect a 25-bps Fed rate cut this week.