Sensex Today | Stock Market Highlights: Sensex, Nifty fall nearly 1% as IT drags; midcaps outperform
Sensex Today | Stock Market Highlights: Markets ended weak, with benchmark indices slipping nearly 1% each amid sharp selling in IT stocks. The Sensex fell 757 points to 78,516, while the Nifty declined 199 points to close at 24,378, failing to hold the 24,400 mark. IT stocks dragged the market lower, with the index tumbling nearly 5%.
Sensex Today | Stock Market Highlights: Markets ended weak, with benchmark indices slipping nearly 1% each amid sharp selling in IT stocks. The Sensex fell 757 points to 78,516, while the Nifty declined 199 points to close at 24,378, failing to hold the 24,400 mark.
IT stocks dragged the market lower, with the index tumbling nearly 5%. HCLTech was the top Nifty loser, plunging about 11% after weak Q4 results, while Infosys, TCS and Tech Mahindra also saw sharp declines. Persistent Systems and Tata Elxsi fell 5–6% post earnings.
Broader markets showed resilience, with the midcap index rising 115 points to 60,202 and market breadth favouring advances at 3:2. Stocks like IREDA, Exide, SJVN and Jubilant FoodWorks were among key midcap gainers.
Among movers, BEML gained nearly 4% after securing a ₹590 crore defence order, while Premier Explosives jumped 8% on a ₹350 crore export order. Sugar stocks rallied after the government’s signal on 100% ethanol blending, with Balrampur Chini up 6%.
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