India shares drop in broad-based sell-off, led by IT stocks, Reliance

LTM

20/01/2026 07:15

** India's Nifty 50 .NSEI and Sensex .BSESN down 0.6% and 0.5%, respectively

** Benchmark indexes hit lowest levels in more than two months as mixed earnings, global trade war fears fuel foreign fund outflows

** All 16 major sectors trade lower; broader small-caps .NIFSMCP100 and mid-caps .NIFMDCP100 down 1.7% and 1.4%, respectively

** IT index .NIFTYIT slides 1.6%, top loser among major sectors

** LTIMindtree .LTIM.NS and Wipro WIPR.NS down 7.7% and 2.5%, respectively, on earnings jitters

** Reliance Industries RELI.NS down 0.8%, extends losses for second session after it posted lower-than-expected Q3 profit

** Oberoi Realty OEBO.NS slides 7.5% on lower pre-sales during December quarter

** Deepak Nitrite DPNT.NS jumps 3.6%, top gainer on Nifty 500 .NIFTY500, as its unit commissions nitration and hydrogenation plant in gujarat

** Asian shares .MIAPJ0000PUS down 0.5% on U.S. President Donald Trump's Europe tariff threat MKTS/GLOB

 (Reporting by Vivek Kumar M)

 ((VivekKumar.M@thomsonreuters.com;))