Asian Selloffs and IT Declines Lead to Stock Market Crash in India
• Asian stock markets witnessed losses, affecting overall sentiment • TCS led decline in IT sector, with over 3% drop along with other IT majors • Foreign investors continued selling Indian shares worth Rs 2,051 crore on Monday • Oil prices decreased marginally following recent gains, remaining above $86 per barrel • Technical indicators pointed towards bearish trend for Nifty, with concerns over breaching support levels