A sharp selloff in IT stocks after Accenture's weak outlook weighed on Indian markets, pushing Sensex and Nifty lower while major technology shares recorded significant losses.
Sensex plunged 1,400 points and Nifty fell below 22,300 as oil prices crossed $105 amid rising geopolitical tensions.
Markets opened sharply lower with Sensex plunging over 1,900 points as crude oil crossed $110 and global factors weighed on sentiment.
Indian equity markets rallied sharply with Nifty and Sensex posting strong gains after the India-US trade agreement announcement.
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