Indian Stocks Fall as IT Sector Drags Down Benchmarks
The Nifty 50 and Sensex dropped today following a sharp decline in IT stocks after HCLTech reported a weak revenue outlook. Investors also remain cautious.
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Equity benchmarks in India retreated on Wednesday, snapping a three-session winning streak as a sell-off in the information technology sector overshadowed gains in broader markets. The Nifty 50 index declined 0.81% to close at 24,378.10, while the BSE Sensex fell 0.95% to 78,516.49.
