Stock Market Crash, Feb. 28 -- Indian stocks are witnessing a wave of selling in today's intraday session, February 28, as escalating global trade tensions prompt investors to flee risky assets in favor of safer investments, intensifying the pressure on equities.

Both the Nifty 50 and Sensex have tumbled over 1.3% in today's session, with IT stocks at the forefront of the selling pressure. The Nifty IT index, which tracks the performance of 10 leading IT companies, has extended its losing streak for the fifth straight session today, dropping another 4.50% to hit a 6-month low of 37,198-a level not seen since July 2024.

Today's decline is also the index's biggest intraday drop since April 17, 2023, when it tumbled 4.71%. All 10 constitue...