Sensex, Nifty fall over 1% as realty stocks slide

Indian stock benchmarks Sensex and Nifty plunged over 1% in morning trade, driven by weak global cues, surging crude oil prices, and concerns over AI agent reliability. The Nifty traded near 23,850, while the Sensex fell 951.63 points to 72,944.11. Realty shares skidded sharply after gaining the previous session, with the Nifty Realty index tumbling 2.18%. Market breadth was weak, as 824 stocks rose against 2,449 declines. Brent crude for November settlement rose 1.66% to $99.06 a barrel amid US-Iran conflict uncertainty. Investors are monitoring crude oil movements, primary market developments, and upcoming IPOs. A series of domestic and global economic data releases this week could influence central bank monetary policy expectations.