Sensex trades on choppy note, Nifty below 24,100 as IT stocks drag benchmarks lower

Sensex was down over 8 points at 77,050 while Nifty 50 slipped about 32 points to 24,100, weighed down by IT and metal stocks. Infosys and TCS fell nearly 1% each, while BEL, Bajaj Finserv, Trent, ICICI Bank and Titan gained about 1% each. Broader markets outperformed with Nifty Smallcap 100 and Midcap 100 gaining up to 0.24%, and overall breadth stayed positive with 414 stocks advancing against 166 declining on NSE; analysts flagged weak monsoon as a concern while citing tapering FPI selling and stable rupee as positives.