🔻 NIFTY IT CRASHES OVER 6% AS GLOBAL TECH SELLOFF SPILLS INTO DALAL STREET 🔻

The NIFTY IT index plunged over 6% by 11 AM on 4 Feb 2026, with Indian IT

crashing up to 7%, mirroring a sharp overnight selloff in US technology stocks. All constituents of the IT index were trading in the red, making it the worst-performing sector of the day. Weak global cues and a strong Indian Rupee further pressured export-oriented IT names. US tech stocks declined sharply as investors reacted to a mixed set of tech-focused earnings. The Nasdaq Composite dropped 1.4%, while selling intensified through the session. The S&P 500 fell 0.8%, and the Dow Jones Industrial Average slipped nearly 0.3%. The global risk-off sentiment triggered heavy profit booking in IT stocks, leading to broad-based weakness across the sector. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.