New Delhi, April 24 -- Indian stock market on Friday came under significant selling pressure, extending losses for a third consecutive session. Nifty slipped below the 23,900 mark amid weakness across sectors led by IT stocks.
At close, the Sensex was down 982.71 points or 1.27 percent at 76,681.29, and the Nifty was down 275.10 points or 1.14 percent at 23,897.95. For the week, Sensex and Nifty down 2 percent each, snapping two-week gaining streak.
Among the sectors, IT stocks were among the worst performers with IT index fell 5%, hitting lowest level since June 2023. Nifty Metal, Nifty Pharma, Nifty Media, Nifty Auto and Nifty Private Bank were also the key losers.
On Nifty, the key losers were Infosys, HCL Tech, TCS, Tech Mahindra and...