Market Wrap: Sensex, Nifty end marginally higher, extend gains for 3rd consecutive session. IT index plummets 6%

Shares of IT companies were battered on Dalal Street on Wednesday, with the Nifty IT index plunging as much as 7%, with nearly Rs 2 lakh crore in market value being wiped out. This marked the sector’s worst single-day fall since the March 2020 Covid-19 crash.