Stock Market Plunges: Sensex Dips Over 1000 Points, IT Shares Lead Decline

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News18•24-02-2026, 17:00
Stock Market Plunges: Sensex Dips Over 1000 Points, IT Shares Lead Decline
- •Indian stock market ended in red with Sensex down 1068.74 points (1.28%) and Nifty down 288.35 points (1.12%).
- •Sharp sell-off in IT shares, rising crude oil prices, and weak global cues dragged indices lower.
- •IT index plunged over 4%, while Nifty realty declined over 2%.
- •PSU Bank, pharma, metal, and oil & gas sectors were on the gaining side.
- •Global concerns over AI disruption, margin pressures for IT, trade worries, and US-Iran tensions contributed to market decline.
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