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Markets slump nearly 1% on IT rout; Trump tariff worries hit investor sentiment
The Hindu· 2026-02-24 05:04
Equity benchmark indices Sensex and Nifty slumped nearly 1% in early trade on Tuesday (February 24, 2026), dragged down by a sharp selloff in IT stocks amid rising fears of AI-led disruption.Besides, rising crude oil prices and renewed concerns over global trade after U.S. President Donald Trump’s latest tariff remarks also weighed on investors’ sentiment, traders said.The 30-share BSE Sensex tanked 813.13 points, or 0.97%, to 82,481.53 in early deals.The 50-share NSE Nifty declined 230.15 points, or 0.89% ...