Sensex, Nifty Plunge on IT Selloff, Global Trade Worries

Indian stock markets face a sharp decline as Sensex and Nifty slump due to IT stock selloffs amid rising AI disruption fears and renewed global trade concerns.Illustration: Dominic Xavier/RediffKey PointsIndian stock market indices Sensex and Nifty fell sharply due to a selloff in IT stocks, fueled by fears of AI-led disruption.Rising crude oil prices and renewed global trade concerns, particularly related to US President Trump's tariff policies, contributed to the negative market sentiment.IT stocks like E ...