Rs 1.13 lakh crore boom in one corner, a bust in another: What changed in the AI trade?
Indian IT stocks surged as calls for a slower pace of frontier AI development eased concerns over disruption to traditional software services. The Nifty IT Index gained 5% on Tuesday, adding Rs 1.13 lakh crore in market value, while power and infrastructure stocks tied to AI buildout declined sharply, highlighting a shift in investor positioning.
We haven't written up this one. The Economic Times - Top News has the full story — the link below goes straight to it.
