Sensex crashes over 1,000 points

Benchmark equity indices Sensex and Nifty tumbled more than 1 per cent on Friday due to a broad-based selloff, especially in metal, IT and commodity stocks, tracking sluggish global markets.

A weaker-than-expected earnings season and emerging pressure on technology stocks amid concerns about AI-led disruption also dampened sentiment, traders said.

In a volatile session, the 30-share BSE Sensex tumbled 1,048.16 points, or 1.25 per cent, to close at 82,626.76. During the day, the benchmark tanked 1,140.37 points, or 1.36 per cent, to hit an intraday low of 82,534.55.