HDFC twins contributed over half to Sensex's loss today as traders dumped bank stocks. Nifty Bank and Nifty Financial Services each ended 1.4 per cent lower. IT and realty stocks were also under pressure while auto, FMCG, media, metals and pharma counters provided support to the market.
IT stocks have been among the worst sectoral performers on Dalal Street this year. The top 3 worst Nifty performers in 2022 are all IT stocks - Wipro, Tech Mahindra and HCL Tech.