Market Watch: Bottom reversal for Nifty around 16,800
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After a seven-day losing streak, the benchmark equity indices took a breather on Friday following positive commentary from RBI Shaktikanta Das at the end of the Monetary Policy Committee meeting.
IT stocks have been among the worst sectoral performers on Dalal Street this year. The top 3 worst Nifty performers in 2022 are all IT stocks - Wipro, Tech Mahindra and HCL Tech.