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Sensex Slides Amid IT Selloff and AI Fears
6.1
Relevance Score
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.
Scoring Rationale
Timely, market-moving report on AI-driven IT selloff and index losses; limited long-term novelty beyond market reaction.
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Sources
- Read OriginalFriday the 13th effect? D-St investors suffer Rs 4L cr shock as Sensex sinks over 800 pointseconomictimes.indiatimes.com
- Read OriginalMarkets tank over 1% in early trade; IT stocks lead the fallthehindu.com
