Closing Bell: Sensex settles 247 pts lower

Across sectors, the Nifty IT index dropped 1.8%, weighed down by losses in TCS, LTIMindtree, Infosys, and Wipro. Auto, Realty, Media, Consumer Durables, and Oil & Gas indices declined between 1% and 1.8%, while Financials and Metals slipped close to 0.5%. The Nifty Midcap100 and Smallcap100 also fell by around 1%. Read more Source link