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

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News18•13-02-2026, 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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