Tech stocks drag Sensex, Nifty lower as AI fears hammer IT sector
Battered technology stocks led a sharp sell-off on Dalal Street on Tuesday, dragging the benchmark indices lower as mounting fears of artificial intelligence (AI)-led disruption triggered fresh panic in a struggling IT sector.
Even as the benchmark BSE Sensex closed 1.28% down at 82,225.92, its peer Nifty 50 closed 1.12% lower at 25,424.65, weighed by a steep 4.7% fall in the Nifty IT index—its fifth straight session of losses.
