Mumbai, Feb. 13 -- The Indian stock market on Friday closed in the red as the benchmark indices Sensex and Nifty declined over 1 per cent. The indices were dragged by heavy selling in information technology (IT) shares.

Sensex crashed 1.25%, or 1048 points to end at 82,626.76, while the Nifty 50 dropped by 1.30% falling 336 points at 25,471.10.

Nifty IT fell for the third straight session, declining about 5 per cent, amid the fears of Artificial Intelligence driven automation. At the time of market closing, Nifty IT was down 1.44 per cent.

At opening, the Nifty 50 index was down at 25,571.15, declining by 236.05 points or (-0.91 per cent). The BSE Sensex also opened lower at 82,902.73, falling by 772.19 points or -0.92 per cent.

Vinod...