ReferIndia News IT Stocks Lead Market Sell-Off, Nifty IT Declines Over 4%, HCLTech Loses ₹40,000 Crore in Market Capitalisation

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IT Stocks Lead Market Sell-Off, Nifty IT Declines Over 4%, HCLTech Loses ₹40,000 Crore in Market Capitalisation

Published on: April 22, 2026, 11:41 a.m. | Source: Free Press Journal

While domestic equity indices are trading lower on Wednesday, information technology (IT) stocks are leading the sell-off. Lower-than-expected quarterly numbers are weighing on IT stocks in early trade. Nifty IT is the worst-performing index among the 19 sectoral indices of the National Stock Exchange

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