Indian Markets Slide Amid Global AI and Tariff Fears

Indian markets opened sharply lower on February 24, 2026, with the Sensex down 781.09 points to 82,513.57 and the Nifty falling 214.70 points to 25,498.30 by about 9:53 am. The weakness followed an overnight Wall Street selloff — the Dow plunged 822 points and IBM slumped 13% after Anthropic unveiled an AI tool modernising Cobol — while President Trump rolled out 10–15% global tariffs.