On Friday, the Indian share market closed in the red. Nifty 50 opened at 25,571.15, reaching a high of 25,630.35 and closing at 25,471.10, down by 1.30%. Similarly, the BSE Sensex opened at 82,902.73, reached a high of 83,079.70, and ended at 82,626.76, down by 1.25%.Heavy selling was observed across IT stocks amid persistent fears of AI disruption; Indian markets mirrored global market weakness. The investors were cautious ahead of Q3 earnings from companies across sectors.Reasons for the negative sentimentThe following are the reasons for the negative sentiment:The India VIX rose by 13.30% to 13.29 points, indicating higher risk and cautious investor sentiment.The rupee depreciated by 8 paise to 90.69 against the U.S dollar Negative cues from the Asian and U.S markets.Major Indices Today IndicesLTPPrev closeChangeNifty 5025,471.1025,807.20-1.30%BSE Sensex82,626.7683,674.92-1.25%Next 5068,826.7569,916.10-1.56%Bank Nifty60,186.6560,739.75-0.91%Fin Nifty28,126.3528,385.20-0.91% The major indices, Nifty 50 and Sensex, traded in red, amid losses in Banking and IT stocks.Nifty Next 50 was dragged down by Metal and Energy stocks.Nifty Bank traded in the red due to overall negative market sentiment.Sectoral Indices Today IndicesLTPPrev closeChangeNifty IT32,681.5033,160.20-1.44%Nifty Auto28,234.3028,504.05-0.95%Nifty FMCG50,902.1551,885.75-1.90%Nifty Pharma22,194.9022,386.30-0.85%Nifty Healthcare14,384.0514,507.05-0.85%Nifty Oil & Gas11,976.4512,205.55-1.88% Nifty IT continued to trade in red for the 3rd consecutive day amid AI disruption fears. Nifty Auto traded in the red due to broader market sentiment.Nifty FMCG traded lower after PL Capital reported that the FMCG sector recorded one of the largest foreign fund outflows at ₹74.97 billion in January.Nifty Pharma traded lower as investors await Fortis Healthcare and Torrent Pharma Q3 results today.Nifty Oil and Gas traded in the red amid weak Q3 results from Indraprastha Gas sequentially, and by Petronet LNG annually.Market Movers Today Ingersoll Rand India shares rose by 9% after the company’s management provided a positive growth outlook.Hindustan Zinc shares fell 5% after the silver prices dropped by 10%.IEX shares dropped by 4% after APTEL dismissed IEX's plea and allowed CERC to proceed with market coupling, which may reduce IEX's market share and margins due to uniform pricing across exchanges.IT shares, Tata Consultancy Services, Infosys, and HCLTech, dropped by 4.88%, 6.28%, and 4.66%, respectively, amid rising fears of AI-driven disruption in the sector.Top Gainers Company NameLTPPrev CloseChangeBajaj Finance1,024.75999.102.57%Piramal Pharma166.95163.311.62%Blue Star1,997.201,974.001.18%Eicher Motors8,065.007,943.001.54%Hindustan Aeronautics4,212.404,158.901.29% Top Losers Company NameLTPPrev CloseChangeMuthoot Finance3,586.104,066.90-11.82%Alkem Laboratories5,402.505,870.50-7.97%NMDC79.4384.74-6.27%Hindalco Industries909.00964.40-5.74%NALCO349.30369.70-5.52% 52W High Stocks Company NameLTP52W highChangeLenskart Solutions502.20533.00-2.11%Bharat Forge1,738.801,784.200.70%Max Financial Services1,824.901,848.500.63%Avanti Feeds1,424.351,489.000.68%Happy Forgings1,299.801,339.001.03% 52W Low Stocks Company NameLTP52W lowChangeInfosys1,369.101,281.50-1.22%Wipro214.09209.01-2.28%Info Edge1,141.101,104.20-0.71%Oracle Financial Services Software6,639.006,400.00-1.85%Abbott India26,460.0026,300.00-0.75% High Volume Stocks Today Company NameLTPPrev CloseChangeVodafone Idea11.3011.55-2.16%Yes Bank20.8621.10-1.14%Suzlon Energy45.6746.81-2.44%HDFC Bank903.90920.60-1.81%Eternal285.20298.00-4.30% Market AnnouncementsBharat Forge shares rose by 2% after the company reported a consolidated net profit of ₹272.8 crore, up by 28% YoY for Q3 FY26. Amara Raja Energy and Mobility shares dropped by 6% after the company reported a consolidated net profit of ₹140.15 crore for Q3 FY26, which declined by 53% YoY.