Sensex tanks 971 pts as IT rout deepens; Nifty slips below 25,450

Indian equities fell sharply Tuesday as Sensex dropped 1.17% and Nifty 1.12%, led by a steep decline in IT stocks like Tech Mahindra and HCL Tech. Financials, telecom, and infra also weakened, while gains in defensives and metals offered limited support.