Nifty IT index plunges 2%, breaks 6-session rally

The Nifty IT index was down 1.91% at market close on Friday due to selling pressure, breaking its six-session gaining streak. The index plunged despite the benchmark indices Sensex and Nifty closing in the green. Top IT stocks, including Coforge, Infosys and TCS, fell 3.31%, 3.02% and 2.55% respectively, while Wipro and Oracle Financial Services recorded slight gains.

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