Market Selloff Hits IT Stocks today.

https://preview.redd.it/z6zlv9t7a3le1.png?width=1280&format=png&auto=webp&s=15dbc3c6770458359f35c11dfc70d820dda9e81e Despite a sharp selloff in the Indian stock market on Monday, the IT sector took the biggest hit, falling by 2.71%. LTIM saw the steepest decline, dropping more than 4%, followed by LTTS, Wipro, HCL Tech, and others. # Why Did IT Stocks Decline Today? The IT sector was the worst performer as the US market suffered a steep decline in the previous session due to rising inflation concerns and the impact of Trump-era tariffs. On Friday, US markets closed significantly lower, triggering a negative sentiment in Indian IT stocks.