New Delhi, Feb. 24 -- The Indian stock market witnessed a sharp sell-off in Tuesday's session, as renewed fears surrounding artificial intelligence triggered another wave of heavy selling, with technology stocks bearing the brunt. The broad-based weakness dragged the key benchmark indices down more than 1% for the fourth time so far in February.
Apart from persistent fears around AI-linked disruptions, market sentiment was also damaged by threats of higher tariffs from US President Trump, along with mounting tensions in the Middle East, which pushed crude oil prices to a seven-month high.
Consequently, the Nifty 50 crashed 1.12% to 25,424, while the Sensex tumbled 1.28% to the 82,225 level. The broader markets, too, witnessed similar he...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.