Market Wrap: Sensex tumbled around 983 points and Nifty fell below 23,900, weighed down by sharp losses in IT stocks.
Top laggards on the Nifty included
INFY
,
HCLTECH
Tech,
TCS
,
TECHM
, and
SUNPHARMA
. On the other hand, select stocks such as
HINDALCO
,
COALINDIA
a,
NESTLEIND
é India,
GRASIM
, and
EICHERMOT
s managed to close in the green.
Broader markets also remained under pressure, as both Midcap and Smallcap indices fell aound 1% each. Sector-wise, all indices ended in negative territory, with the IT sector witnessing the steepest fall of around 5%. Other sectors like Healthcare, Consumer Durables, Realty, Telecom, Pharma, and Media declined करीब 1% each.
Closing Snapshot (April 24):
The market extended its losing streak for the third straight session. By the end of the day, the Sensex dropped 982.71 points (1.27%) to settle at 76,681.29, while the Nifty declined 275.10 points (1.14%) to close at 23,897.95.
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