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News1813-02-2026, 16:45

Sensex, Nifty Plunge Over 1% Amid IT Stock Sell-off, AI Fears

  • Indian benchmark indices Sensex and Nifty declined over 1% on Friday due to heavy selling in IT shares.
  • Sensex crashed 1048 points (1.25%) to 82,626.76, while Nifty 50 dropped 336 points (1.30%) to 25,471.10.
  • Nifty IT fell for the third consecutive session, declining about 5% amid fears of Artificial Intelligence-driven automation.
  • Weak global cues and fading sentiment from the US-India trade deal contributed to the market downturn.
  • Metal and realty stocks also saw declines due to profit-booking and weak results, respectively.

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