Lifted by `, tech stocks outpaced Sensex in 2018
IT stocks gained 24.93% last year, compared with a 5.91% rise for the Sensex, making 2018 the best year for BSE IT index since 2013
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Boosted by a weak rupee, technology stocks outpaced benchmark indices in 2018. In the year gone by, the BSE IT index gained 25%, outpacing the benchmark Sensex’s 5.9% gain.
As Indian IT (information technology) companies earn mostly in dollars, a weak...
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