Samvat 2080 Concludes: IT drags Sensex 553 points lower, but investor wealth soars by Rs 9 lakh crore

Indian benchmark indices Sensex and Nifty closed lower on the final trading day of Samvat 2,080, pressured by declines in IT stocks. However, gains in Larsen & Toubro, which upheld its annual growth forecast, helped contain the losses.