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Sensex Today | Stock Market LIVE Updates: Nifty fights to hold 25,700 as IT sell-off extends to ₹2 lakh crore

Published on 04/02/2026 12:07 PM

According to S&P Global-HSBC’s India Services Purchasing Managers’ Index (PMI), hiring remained muted in January, although the country’s services PMI rose to 58.5, a minor improvement from the 11-month low in December at 58.

In response to their post-market Q3 results that were released on Tuesday, five equities are trading with significant losses today. Continue reading to learn about each stock’s performance during the reviewed quarter and its current trading performance.

Take A Look At The Full List Here 

N Kamakodi, MD & CEO, City Union Bank To CNBC-TV18

The Indian IT stocks don’t appear to have any respite, as key stocks on the IT index have extended their losses.

 

Sigachi Ind | Telangana HC Grants Bail To MD & CEO Amit Raj Sinha

The shares of IT company Mphasis also declined with other large and midcap stocks.

The shares of LTI Mindtree extended cuts, falling over 7% as IT stocks remain under pressure.

The shares of IT major Infosys extended gains, making it one of the worst stock on the IT index.

The shares of large-cap IT stocks remained under pressure amid Anthropic fears.

Pronab Sen

The shares of Lloyds Metal raised its guidance for metal production.

The shares of LTIM declined further as the IT index remained under pressure.

The Nifty IT index has extended losses to over 6%.

Nagaraj Shetti, Senior Technical Research Analyst, HDFC Securities

Buy MRPL with a stop loss of ₹182 and a target of ₹200

Buy Rain Industries with a stop loss of ₹160 and a target of ₹176

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Mitessh Thakkar, President-Retail Research, Bonanza Portfolio

The Nifty IT index has extended its losses, and is now down close to 6%, with all its constituent stocks trading in red.

Sudarshan Sukhani, Proprietor, Technical Trends

OMCs higher, Oil India, ONGC in the lead, up nearly 5% & over 4% each

Sheela Foam extends gains, up nearly 18% on Q3 results impact

The shares of Reliance Industries are single-handedly holding the Nifty 50 index in green as the conglomerate stock rose by over 1%.

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