New Delhi, Feb. 12 -- Indian stock indices dipped Thursday, weighed down by a nosedive in IT counters, with analysts attributing it to mounting concerns over AI-led disruptions.

Sensex closed at 83,674.92 points, down 558.72 points or 0.66 per cent, while Nifty closed at 25,807.20 points, down 146.65 points or 0.57 per cent.

Among the sectoral indices, IT declined the most, by 5.51 per cent, according to the data.

"A nosedive correction in the IT index triggered by mounting concerns over AI-led disruptions, along with low expectations of a US Fed rate cut due to strong US job data and unemployment rates, dampened investor sentiment. Globally, AI is reshaping markets by compressing margins in service-intensive sectors and increasing con...