Indian stock market, March 12 -- The sharp sell-off in domestic technology stocks shows no signs of reversal as they extend their losing streak for the fourth consecutive trading session on Wednesday, March 12, sending the Nifty IT index tumbling another 4.1% in today's trade, hitting a 8-month low of 35,988 points and taking the four-day cumulative fall to 6%.

Amid multiple rating downgrades, Infosys shares tanked 5.5% to touch an 8-month low of Rs.1,547 apiece. The stock's decline is heavily weighing on the index, as it alone contributed 592 points (38%) to the 1,547-point drop in the Nifty IT index. The weakness in IT stocks is also weighing on the overall market, dragging the Nifty 50 down 0.70% to the day's low.

For the first time ...