Sensex Falls 183 Points; Nifty Drops to 24,207.75

Sensex Falls 183 Points, Nifty Slips 127 Points As IT Stocks Drag

Benchmark indices give up early gains amid selling pressure in IT, FMCG and consumer-durable stocks.

Nifty Falls 126 Points, Sensex 183 as IT Stocks Drag Markets Amid US Visa Uncertainty

Get latest articles and stories on Business at LatestLY. The equity markets ended lower on Wednesday, with the Nifty 50 declining 0.52 per cent and the Sensex falling 0.24 per cent, as weakness in IT, auto, FMCG and consumer durables stocks offset gains in banking and metal shares. Business News | Nifty Falls 126 Points, Sensex 183 as IT Stocks Drag Markets Amid US Visa Uncertainty.

Sensex falls 183 points; Nifty drops to 24,207.75

The 30-share BSE Sensex declined 183.15 points, or 0.24%, to settle at 77,472.94 and the 50-share NSE Nifty was down 126.80 points, or 0.52%, to end at 24,207.75

Sensex falls 183.14 point to settle at 77,472.94, Nifty holds 24,200, Infosys drops nearly 2%

Sectoral trends remained mixed, with metal emerging as the top performer, followed by banking and pharma, while IT and FMCG counters traded under pressure.

Sensex falls 183 points, Nifty slips as IT stocks drag market lower

Benchmark indices ended lower after IT stocks erased early gains in trade. Investors remained cautious before the US Core PCE data even as banks and metals offered support.

Sensex falls 183 points, Nifty closes below 24,250 as market erases all morning gains. What lies ahead?

The Indian stock markets experienced a shift, dropping from earlier gains with both Sensex and Nifty closing lower. Key decliners included Infosys, Bharti Airtel, and L&T. Meanwhile, Kotak Mahindra Bank's shares surged over three percent, contrasting with the mixed performance of broader markets, where small caps thrived while mid caps faced challenges. Interestingly, despite the main indices' downturn, the market breadth showed a favor for adva…