Indian Market Falls on IT Rout, Despite Strong Manufacturing Data

The stock market went down on Thursday, even though things looked good at first.

The IT sector, like tech companies, had a bad day because their earnings weren't as good as people hoped.

This caused the whole market to drop.

Even though manufacturing in India is doing well, the market was worried about the tech earnings and some big companies also fell.

The rupee, the Indian money, also lost some of its gains during the day.

Investors are being careful, waiting to see what the U.S. Federal Reserve does and watching how companies are doing.