National: Sensex Surges 1,000 Points as Global AI Stocks Plunge

National: Sensex Surges 1,000 Points as Global AI Stocks Plunge

On Tuesday, India's <b>Sensex</b> jumped over <b>1,000 points</b> to close at 73,500, while the Nifty rose 2.5%, spurred by strong IT and pharma stocks amid a fall in AI‑related shares on the domestic front. Earlier in the session, <b>Brent crude</b> futures surged 3.8% to $98.29 and US WTI hit $90.52, lifting energy stocks, while global AI equities slipped after mixed earnings, pressuring tech indices and investor sentiment. Analysts say the rally could boost investor confidence ahead of the upcoming budget, but caution that reliance on commodity gains may be temporary; foreign inflows are expected to monitor volatility for the next quarter.

By News Desk • 11/6/2026
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