Today, the stock market experienced a significant decline, with the Sensex falling by 856 points to a level of 22,553. This downturn has raised concerns among investors, particularly due to the major sell-off in IT shares.

The pressure on IT stocks was a key factor in the market’s performance, reflecting broader worries within the financial landscape. Despite this, some sectors showed resilience:

• FMCG – Managed to maintain stability.
• Auto – Demonstrated consistent performance amidst the turbulence.

As the market evolves, investors are closely monitoring these developments to make informed decisions.

📎 Related coverage from: business-standard.com