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52· Steady
Markets1d 23h ago
Indian equity markets ended a five-day gaining streak, with Sensex losing 607.08 points (0.78%) and Nifty shedding 154.90 points (0.64%).
Mumbai, India
Who
Indian equity markets, Sensex, Nifty, Nifty IT, Infosys, TCS, HCL Tech, Tech Mahindra, HDFC Bank
What
Indian equity markets ended a five-day gaining streak, with Sensex losing 607.08 points (0.78%) and Nifty shedding 154.90 points (0.64%).
When
Fri, 19 Jun 2026 10:00:00 GMT · 1d 23h ago
Where
Mumbai, India ·
Why
The market downturn was primarily driven by a >3% drop in the Nifty IT sector, attributed to an overblown reaction to Accenture's guidance cut and a hawkish tone from the US Fed.
The Frontline Impact
How this affects you
The decline marked the end of a five-day market rally, with major IT companies experiencing significant losses, though smallcap indices showed gains and technical indicators suggested the broader uptrend remained intact.
Story chain
1 event in this threadNo related history yet - this is the origin event.