The decline was led by the IT sector. Nifty IT Index fell by more than 4 percent, registering a weakness of about 10 percent in two days. The impact of the breakdown of ADRs in the American market was also visible on Indian companies. ADRs of Infosys and Wipro fell by about 10 per cent. Shares of Tata Consultancy Services, Tech Mahindra, HCL Technologies and Mphasis fell by 4-6 per cent in the domestic market.
Stock Market Crash: Sensex fell 800 points, investors lost Rs 4 lakh crore – what is the reason for the sharp fall? – market
