Sensex, Nifty post early losses over AI-related tech woes
MUMBAI: The Indian equity markets erased gains from the previous session early on Tuesday, tracking an overnight sell-off in US equities amid AI-led disruptions affecting global technology stocks.
As of 9.26 am, Sensex lost 577 points, or 0.69 per cent, to reach 82,717, and Nifty dipped 161 points, or 0.63 per cent to settle at 25,552.
Main broad-cap indices performed in line with the benchmark indices, as the Nifty Midcap 100 dipped 0.55 per cent, and the Nifty Smallcap 100 declined 0.67 per cent.
All major sectoral indices traded in the red except Nifty metal (up 0.44 per cent) as well as oil and gas (up 0.32 per cent). Nifty IT was the major loser, down 2.84 per cent. Nifty realty and media were the other major losers, down 0.90 per cent and 0.32 per cent, respectively.
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