Sensex, Nifty End Lower as IT Stocks Drag Markets
Sensex falls 281 points and Nifty declines 78 points on Monday as selling pressure in IT and FMCG stocks weighs on benchmarks.
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“Sensex, Nifty End Lower as IT Stocks Drag Markets”
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17 Aug 2026
Mumbai, August 17 — The benchmark indices ended lower on Monday, weighed down by selling pressure in IT and FMCG stocks.
The Sensex declined 281.09 points, or 0.36 per cent, to close at 77,728.16, while the Nifty fell 78.35 points, or 0.32 per cent, to settle at 24,287.65.
Commenting on the Nifty technical outlook, experts said the 24,400 zone remains the immediate resistance area. “A sustained breakout above 24,400 would be required to improve the near-term structure and support a recovery towards the 24,500–24,600 region,” an analyst said.
