Nifty IT Leads the Market Sell-Off

The Indian stock market witnessed sharp selling pressure today, with the Nifty IT Index plunging 5.28%, emerging as the biggest loser among sectoral indices. 🔸Key Highlights: • Nifty IT: - 5.28% • Infosys: - 7.88% $INFY • TCS: - 5.81% $TCS • Tech Mahindra: - 4.79% $TECHM 🔸Market View: The sharp correction in IT stocks indicates broad-based profit booking and concerns over global growth, technology spending, and earnings outlook.