Stock market today, Feb. 13 -- The domestic benchmark indices began the day on a negative note on Friday, following a drop in Wall Street and Asian markets, with technology shares plummeting by as much as 5%, deepening their losses amid worries about disruption from artificial intelligence within the sector.
The Nifty 50 dropped 1.10% to 25,523 . 75, while the Sensex decreased by 1.01% to 82,820.30, as reported at 10:16 IST.
All 16 major sectors opened lower. The IT index fell for the third consecutive session, fueled by growing concerns that AI-driven automation could disrupt the labor-intensive business model of Indian IT. It slid 5.5% on Thursday.
Other Asian markets fell by 0.9%, following a decline in Wall Street stocks the previo...
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