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Sensex, Nifty open in red amid AI concerns in IT sector; Asian markets open flat

Benchmark indices opened lower on Monday, reflecting fragile investor confidence. Experts say AI-driven changes in the IT sector continue to act as a key overhang on markets

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After an extremely volatile last few days, the domestic stock markets on Monday started the fresh week on a weak note. Both the benchmark indices opened in the red amid continued concerns about artificial intelligence (AI) disruptions in the IT sector.

As reported by news agency ANI, the Nifty 50 index opened at 25,423.60, down by 47.50 points or 0.19 per cent. Whereas, the BSE Sensex also declined by 146.36 points, opening at 82,480.40. The decline in market indices on Monday reflects cautious sentiment among investors at the start of the trading week.

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