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Markets1d 23h ago

Indian equity markets ended in the red, snapping a five-day gaining streak, with Sensex losing 607.08 points (0.78%) and Nifty shedding 154.90 points (0.64%), while Nifty IT fell over 3%.

Mumbai, India

Who
Indian equity markets, Sensex, Nifty, Nifty IT
What
Indian equity markets ended in the red, snapping a five-day gaining streak, with Sensex losing 607.08 points (0.78%) and Nifty shedding 154.90 points (0.64%), while Nifty IT fell over 3%.
When
Fri, 19 Jun 2026 10:28:20 GMT · 1d 23h ago
Where
Mumbai, India ·
Why
The market downturn was primarily driven by an IT sector selloff following global guidance cuts and Accenture's guidance cut, alongside a hawkish tone from the US Fed.
The Frontline Impact

How this affects you

The decline ended a five-day gaining streak for Indian equity markets, indicating a sector-specific correction in IT and a rotation of retail investor capital from large-cap IT to more defensive sectors.

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