Sensex and Nifty Dip Amid IT Stock Slump

• Domestic equity benchmarks Sensex and Nifty 50 closed marginally lower, dragged by blue-chip IT stocks. Sensex dipped 28.21 points to 75,939.18, while Nifty dropped 12.40 points to 22,932.90.
• Concerns over US tariffs on auto, semiconductors, and pharmaceuticals impacted Indian pharma and IT stocks, with pharma falling 0.7% and IT losing 1.3%.
• Vaishali Parekh of Prabhudas Lilladher noted Nifty 50's recovery from 22,800 and Bank Nifty's bullish trend, recommending stocks like IREDA, BEL, and MRPL for intraday trading.

Source: Mint, Mint