Markets Tank Over 1 Per Cent In Early Trade; IT Stocks Lead The Fall

Mumbai: Benchmark equity indices Sensex and Nifty tumbled over 1 per cent in early trade on Friday, led by steep losses in IT stocks amid weak global cues and persistent concerns over artificial intelligence-led disruptions, which weighed on investor sentiment.The 30-share BSE Sensex tanked 883.4 points, or 1.05 per cent, to 82,791.52 in early deals. The 50-share NSE Nifty dropped 262.60 points, or 1.02 per cent, to 25,544.60.