IT rout drags Indian markets
February 25, 2026 00:00:00
Indian equity benchmarks tumbled on Tuesday, dragged by information technology stocks which are on course for their worst month since April 2003 on persistent fears of AI-driven disruption, reports Reuters.
The Nifty 50 fell 1.12 per cent to 25,424.65 and the BSE Sensex shed 1.28 per cent to 82,225.92. IT stocks slumped 4.7 per cent to a 30-month low.
The sub-index has lost 21 per cent so far in February, wiping out an aggregate $68.5 billion in market value from its 10 constituents.
