Markets close mixed as investors digest Trump tariffs, IT sector dragged down

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The IT sector bore the brunt of investor concerns, falling sharply by 4% amid worries about global growth and potential impacts of the tariffs on export-oriented businesses. TCS, Infosys, HCL Technologies, Wipro, and Tech Mahindra—five of the top six Nifty losers—were all IT stocks, declining between 3-4%.

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