Sensex Falls Over 1,000 Points Amid IT Sell-Off; Markets Rebound Next Day

Indian stock markets experienced a sharp decline on Tuesday, with the Sensex falling over 1,000 points and the Nifty slipping below 25,450, primarily due to heavy selling in IT stocks amid fears of AI-led disruption. Additional factors included rising crude oil prices, renewed US tariff concerns, and escalating US-Iran geopolitical tensions. The Nifty IT index dropped nearly 5 percent, hitting a two-year low. On Wednesday, markets rebounded with IT stocks leading gains, supported by easing AI concerns and positive global cues.