Sensex trades on choppy note, Nifty below 24,100 as IT stocks drag benchmarks lower (opens original article in a new tab)

Indian stock market closed lower as IT stocks dragged benchmarks, while broader markets showed gains. Analysts highlighted mixed factors affecting market outlook.

• Indian stock market closed lower with Sensex down 8 points and Nifty 50 slipping 32 points.
• IT stocks like Infosys and TCS led losses, while Nifty Smallcap 100 and Nifty Midcap 100 indices gained up to 0.24%.
• Analysts noted improving GDP growth prospects due to peace in West Asia and lower Brent crude, but raised concerns about the poor monsoon and Fed commentary.