New Delhi, Feb. 13 -- Investors continue to dump tech stocks at a rapid pace as concerns deepen that advanced AI tools could disrupt core areas of the technology and software business.

Fears have now expanded to include potential impacts on other sectors such as financial services, transportation, and logistics, leading to a widespread sell-off on Wall Street overnight, which spilt over to Indian markets in Friday's session.

Both the Nifty 50 and the Sensex crashed over 1% at their respective intraday lows, with tech stocks bearing the brunt of the sell-off. The Nifty IT index plunged another 5.2% to the day's low of 31,422, extending losses to a third straight session and taking the cumulative decline to 12%.

The fall has also dragged...