Nifty IT crashes 4.5% to touch 6-month low on U.S. growth worries, biggest single-day drop since April 2023

Stock Market Crash: Indian stocks are witnessing a wave of selling in today’s intraday session, February 28, as escalating global trade tensions prompt investors to flee risky assets in favor of safer investments, intensifying the pressure on equities.

Both the Nifty 50 and Sensex have tumbled over 1.3% in today’s session, with IT stocks at the forefront of the selling pressure.