Sensex Drops Over 900 Points as Global Markets Tumble

In a sharp decline on Friday morning, India's domestic stock market continued its downward spiral, with the Sensex falling by 790.87 points to 73,821.56 and Nifty down by 231.15 points to 22,313.90. The Sensex further worsened, dropping more than 900 points, reaching 73,703.80 at 9:50 AM.

This slump follows a significant drop in global markets, especially in Wall Street indices, triggered by concerns over artificial intelligence and the imposition of higher tariffs by the US on Mexico, Canada, and China. The global sell-off reflected in Asian markets as well, with Japan’s Nikkei 225 dropping 3.4%, Hong Kong’s Hang Seng down 2.3%, and South Korea's Kospi plunging 3.2%.

Tech stocks in particular saw heavy losses, contributing to the overall market downturn.