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Nifty holds at 24,000 as IT stocks drag, crude below $80 supports mood

Markets opened on a mildly positive note on Tuesday but slipped into the red within minutes of trading, with benchmark indices weighed down by sharp selling in information technology stocks even as pharma and financial names provided support.

Raccontata daeconomictimes.indiatimes.comthehindubusinessline.com

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AI · summaries
thehindubusinessline.comStai leggendo13 h fa

Nifty holds at 24,000 as IT stocks drag, crude below $80 supports mood

Infosys and TCS fall 2.21% and 1.37% on profit-taking in Indian IT stocks, though crude below $80 supports markets. The weakness mirrors Nasdaq corrections; the key risk is the 42.2% monsoon deficit, which could dampen enterprise IT budgets in India over the next quarter.

originale
economictimes.indiatimes.com1 g fa

Sensex jumps over 400 pts, Nifty above 24,100; IT stocks lead gains

Nifty IT rose 1%+ Monday following Friday's Accenture guidance cut rout; HCL Tech, Infosys and Tech Mahindra led recovery. Bounce signals demand resilience for Indian consultants despite global enterprise IT budget concerns.

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Timeline cronologica

  1. lunedì 22 giugno 2026·economictimes.indiatimes.com

    Sensex jumps over 400 pts, Nifty above 24,100; IT stocks lead gains

    Indian stock markets rebounded strongly on Monday, with Sensex and Nifty posting significant gains after Friday's dip. Tech stocks led the charge, while broader market indices…

  2. lunedì 22 giugno 2026·thehindubusinessline.com

    Iran talks jitters, crude uptick temper gains; IT stocks lead Nifty higher in early trade

    Sensex gains 360 points and Nifty rises 0.44% in early trade

  3. lunedì 22 giugno 2026·thehindubusinessline.com

    Nifty holds above 24,100 at midday; Pharma, IT lead gains as breadth stays strong

    Markets held steady in mid-session trade on Monday, June 22, with the Sensex up 368.39 points or 0.48 per cent at 77,171.29 and the Nifty 50 gaining 108.65 points or 0.45 per cent…

  4. martedì 23 giugno 2026·thehindubusinessline.com

    Stock Market Today Highlights, June 23: Sensex falls 893 points, Nifty ends lower as IT and metal stocks drag markets

    Sensex Today, Nifty 50 | Stock Market Highlights: Indian equity markets fell sharply on Tuesday, with Sensex and Nifty both closing over 1% lower amid a technology-led selloff,…

  5. martedì 23 giugno 2026·economictimes.indiatimes.com

    Sensex Today | Nifty 50 | Stock Market Live Updates: Sensex falls over 50 pts, Nifty below 24,100; Infosys, HUL drop up to 2% - The…

    Sensex Today | Nifty 50 | Stock Market Live Updates: The Indian stock market opened on a muted note on Tuesday, with the Sensex and Nifty slipping into the red as the trading…

  6. martedì 23 giugno 2026·economictimes.indiatimes.com

    Sensex trades on choppy note, Nifty below 24,100 as IT stocks drag benchmarks lower

    Indian stock markets saw a subdued trading session on Tuesday, with the Sensex and Nifty experiencing minor dips, primarily due to losses in IT stocks. Broader market indices,…

  7. martedì 23 giugno 2026·thehindubusinessline.com

    Nifty holds at 24,000 as IT stocks drag, crude below $80 supports mood

    Markets opened on a mildly positive note on Tuesday but slipped into the red within minutes of trading, with benchmark indices weighed down by sharp selling in information…

  8. martedì 23 giugno 2026·thehindubusinessline.com

    Sensex slides over 520 pts, Nifty breaches 24,000 as IT and metal stocks weigh on markets, Infosys AGM in focus

    Investors turned cautious after the recent rally, while attention shifted to the progress of the monsoon as a key near-term trigger for market direction

  9. martedì 23 giugno 2026·thehindubusinessline.com

    IT selloff drags Nifty below 24,000; pharma stocks buck the trend

    Pharma bucked the broader trend and remained the standout performer of the session. Cipla led gains on the Nifty 50, rising 2.56 per cent to ₹1,452 with over 37.20 lakh shares…