Mumbai, Maharashtra | February 24, 2026:
Indian stock markets opened lower on Tuesday following a sharp sell-off in US markets triggered by tariff concerns, geopolitical tensions, and uncertainty around artificial intelligence (AI) disruptions.
The Nifty 50 opened at 25,641.80, falling 71.20 points or 0.28 percent. The BSE Sensex opened at 83,052.54, down 242.12 points or 0.29 percent.
Global Weakness Impacts Indian Markets
Market sentiment remained cautious after heavy losses on Wall Street. The Dow Jones Industrial Average dropped 821 points, closing at 48,804. The S&P 500 declined by 1.04 percent, while the Nasdaq Composite fell 1.21 percent.
Analysts linked the global decline to tariff-related uncertainty, geopolitical risks, and rising concerns over AI-led disruptions in technology companies.
Market expert Ajay Bagga said global risks continue to dominate investor sentiment. He noted that volatility may remain high due to the February derivatives expiry session.
IT Stocks Lead Market Losses
Selling pressure appeared across major sectoral indices. The Nifty IT index declined sharply by 2.27 percent, making it the worst-performing sector during early trade.
Other sectors also traded lower:
- Nifty Auto fell by 0.65 percent
- Nifty FMCG declined by 0.26 percent
- Nifty Media slipped by 0.63 percent
- Nifty PSU Bank dropped by 0.22 percent
However, the Nifty Metal index showed resilience and gained 0.26 percent.
Broader Markets Trade in Red
Broader market indices also opened weak on the National Stock Exchange of India (NSE).
The Nifty 100 declined by 0.47 percent.
Nifty Midcap 100 fell by 0.38 percent.
Nifty Smallcap 100 slipped by 0.43 percent.
Impact of AI Concerns on Global Tech Stocks
Shares of International Business Machines Corporation (IBM) fell sharply by 13.2 percent in US trading. The decline followed concerns that AI tools could disrupt legacy software systems operated on IBM platforms.
The development added pressure on global technology stocks, influencing IT-heavy markets worldwide.
Institutional Investment Activity
Foreign Institutional Investors (FIIs) invested ₹3,483 crore in Indian equities on Monday. Meanwhile, Domestic Institutional Investors (DIIs) sold shares worth ₹1,292 crore.
Asian Markets Show Mixed Trend
Asian markets delivered mixed performance during early trade. Japan’s Nikkei 225, Taiwan’s weighted index, and South Korea’s KOSPI posted gains. However, Singapore’s Straits Times and Hong Kong’s Hang Seng index traded lower.
Market Outlook
Experts expect continued volatility in Indian markets due to global economic uncertainty, tariff developments, and AI-driven changes in the technology sector.
