scorecardresearchMarket Wrap: Market ends in the red dragged by IT stocks

Market Wrap: Market ends in the red dragged by IT stocks

Updated: 11 Jul 2022, 04:37 PM IST
TL;DR.
  • IT stocks suffered losses as the Q1 results of TCS disappointed investors. Analysts and brokerage firms have highlighted that the IT players may see headwinds going ahead due to weakening macro.
Sensex closed 87 points, or 0.16 percent, lower at 54,395.23 while the Nifty ended the day with a nominal loss of 5 points, or 0.03 percent, at 16,216.

Sensex closed 87 points, or 0.16 percent, lower at 54,395.23 while the Nifty ended the day with a nominal loss of 5 points, or 0.03 percent, at 16,216.