Sensex Slides Amid IT Selloff and AI Fears

Benchmark indices Sensex and Nifty opened sharply lower on Friday, with the Sensex down about 800 points at 82,903 and the Nifty 50 falling 236 points to 25,571. A deepening selloff in IT names after overnight ADR plunges and Anthropic’s enterprise AI tool erased roughly Rs 4.62 lakh crore in market value, weighing on investor sentiment and prompting possible sector rotation.