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HinduBusinessLine

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IT sector drags indices lower as Trump tariff fears persist 

  • Sensex and Nifty indices decreased by 0.44% and 0.40% respectively due to IT sector decline and US tariff concerns.
  • IT stocks like Tech Mahindra, Wipro, Infosys, and Tata Consultancy Services saw significant losses, contributing to the market decline.
  • On the positive side, stocks like Eternal, Sun Pharma, Adani Enterprises, Apollo Hospital, and ONGC showed gains despite the overall market weakness.
  • Market breadth was unfavorable, with more declining stocks than advances, while trading volumes remained high amidst global trade tensions.

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