Market Wrap: Sensex down 322 points, Nifty below 26,300 as IT fall offsets earnings optimism

The BSE Sensex fell 322.39 points, or 0.38%, to close at 85,439.62, while the NSE Nifty 50 slipped 78.25 points, or 0.30%, to end the session at 26,250.30.