Sensex drops over 100 pts, Nifty below 25,500 as metal stocks decline; small, midcaps underperform

Indian stock markets, Nifty and Sensex, continued their decline for a fourth consecutive session on Monday. Metal stocks contributed to the downturn. Earlier, IT stocks faced a sell-off due to AI disruption fears. Experts suggest IT sector weakness may persist. Funds are expected to shift towards financials, automobiles, capital goods, telecom, and pharma.