Sensex and Nifty are under pressure due to continuous decline in IT stocks in the share market. Shares of Infosys, TCS and Wipro fell 5–10%, while selling was also seen in IBM in New York. The reason is believed to be not Tariffs, but AI driven Technological Shift. Anthropic’s Claude 4 and Autonomous Coding Agents have increased pressure on the traditional IT Services model. Time and Material based models and legacy maintenance revenue are being challenged by AI automation. Although not a bubble like 2000, but a consolidation like 2008 is visible—this could become a long-term opportunity for companies adopting AI.

After a slight recovery on 22 January 2026, the Indian stock market again came under pressure on 23 January. Sensex tumbled nearly 800 points, while Nifty slipped nearly 1%. Nearly ₹6 lakh crore worth of investors’ wealth was wiped out in a single day. Sensex fell to 81,510 and Nifty to 25,043 intraday. The decline was not limited to large caps only, midcap and smallcap stocks also showed sharp weakness of up to 2%. Investors are avoiding taking risks due to fear of global uncertainty and geopolitics. Profit booking before Union Budget 2026, record low of 91.99 against the dollar, FIIs selling more than ₹ 36,500 crore in January and mixed Q3 results have weakened the market sentiment. According to experts, volatility may persist until clarity comes.

Global tensions and weak asian cues due to Indian stock market Heavy selling was seen on Tuesday. BSE Sensex It opened with a slight fall at 83,207, but as the day progressed, selling pressure prevailed and finally it closed at 82,180, falling 1,065 points or 1.28%. NSE Nifty-50 It also slipped below 25,500 after a flat start and closed at 25,232, down 353 points or 1.38%. According to experts US of aggressive tariff policy, Europe Geopolitical issues and the fear of global slowdown weakened investor confidence. during this time gold And silver Like there was a rise in safe haven assets. Rupee Too dollars Weakened compared to. Realty, Auto and IT sectors A sharp decline was seen.