Wall Street to Dalal Street, this is what a weak rupee is doing to Indian IT stocks

Since Donald Trump won the 2024 US election on November 5, America’s corporate giants have seen an astonishing surge in value. The three major indices in the US markets – S&P 500, Dow Jones Industrial Average Index, and the Nasdaq went up 7%-10% in the last one month. The exuberance made its way to the crypto space with Bitcoin surpassing the USD100,000 mark. Digital asset enthusiasts have plenty to look forward to. Paul Atkins, a lawyer and