New Delhi, April 22 -- The Indian stock market on Wednesday extended early losses to close sharply lower amid pressure in IT stocks. At close, the Sensex was down 757 points, or 0.95 per cent, at 78,516, while the Nifty declined 198 points to 24,378.
Profit booking was seen in banks and IT heavyweights amid the ongoing Q4 earnings season.
Among the sectors, IT index was down 4.5pc, Private Bank index sheds 0.4pc, while FMCG, Media, Metal, Realty up 0.4-1pc.
On Nifty, the key gainers were Tata Consumer Products, Hindustan Unilever, Tata Motors Passenger Vehicles, NTPC, Jio Financial Services. While on the losing side were HCL Technologies, Tech Mahindra, Infosys, TCS, M&M.
In the FMCG stocks, Emami, Tata Consumer Products, Hindustan Unil...