#nifty-50

Sensex slips 377 points, Nifty below 22,750 as IT stocks offer the only cover

Markets gave up a gap-up opening on Wednesday. The Nifty 50 fell 164.40 points (0.72%) to 22,724.55 and the Sensex shed 377.37 points (0.51%) to 73,475.53. Of 4,471 BSE stocks traded, 3,397 declined. IT stocks were the lone bright spot, while auto was the worst-hit sector.