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Sensex, Nifty Decline Sharply as IT Shares Drag Markets Lower

Sensex and Nifty drift lower as IT stocks drag market sentiment today.
Indian equity markets saw notable declines as key indices slipped, with the Sensex falling around 400-500 points and the Nifty dipping below 25,850. Heavy selling in major IT stocks such as Infosys,TCS and Wipro weighed on sentiment as concerns grew over fading expectations of early interest rate cuts and global economic headwinds. Broader selling pressure extended to technology and large cap counters amid profit-booking activity.