Home » World » Stock Market Opens in Deep Red IT Stocks Trigger Sell-Off, Sensex Plunges 800 Points

Stock Market Opens in Deep Red IT Stocks Trigger Sell-Off, Sensex Plunges 800 Points

Divya Delhi : The Indian stock market witnessed a sharp decline at the opening bell on Friday, with heavy selling pressure in IT stocks dragging the benchmark indices lower. The BSE Sensex tumbled over 800 points, while the NSE Nifty slipped significantly, reflecting weak investor sentiment. Market experts attributed the fall to a sudden sell-off in major IT counters, which triggered a broader market correction. Leading technology companies faced intense selling, causing substantial losses across the sector. Investors remained cautious amid global market uncertainties and concerns over economic growth prospects. Analysts advised market participants to stay vigilant as volatility is expected to persist in the near term. The sharp downturn erased significant investor wealth in early trade, making IT stocks the biggest losers of the session.

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