New Delhi, April 22 -- The Indian stock market gave up its recent gains in Wednesday's session (April 22) as a sharp sell-off in technology stocks dragged the key indices lower, while a rebound in crude oil prices also weighed on sentiment.

Markets also awaited clarity on whether the United States and Iran would resume talks to end the conflict. Consequently, the Nifty 50 closed 0.81% lower at 24,378, while the S&P BSE Sensex ended at 78,514, down 0.95% from Tuesday's close.

There was heavy selling across the technology pack, as weak earnings spooked investors, pulling the Nifty IT index down 3.89%. Nifty Private Bank and Nifty Auto also declined 0.73% and 0.66%, respectively. On the gaining side, Nifty Chemicals, Nifty FMCG, and Nifty ...