The US Department of Government Efficiency’s cancellation of federal contracts under Elon Musk’s leadership might minimally affect Indian IT companies, given their limited exposure to US federal contracts. Post navigation Stock market today: BSE Sensex opens in green; Nifty50 above 22,100 Stock market crash: Sensex yearly returns slip into red; Smallcap 250 down the most, with yearly loss of 7.7%