Sensex tumbles over 700 pts, Nifty below 24,950 amid Middle East tensions; IT stocks top drags

Indian stock markets started the week on a negative note. Sensex and Nifty50 both saw declines in early trading. This downturn mirrors a broader weakness in Asian markets. Geopolitical tensions, particularly in the Middle East, are contributing to investor caution. The IT sector is facing pressure due to concerns about global tech spending.