AI selloff hits India too: TD Power, HFCL, Sterlite, other power capex-linked stocks crash up to 15%

Indian power capex and AI-linked stocks tumbled as a global technology sell-off spread across markets, with TD Power and Thermax plunging 15% each. Concerns that US midterm election results could slow data centre expansion and AI infrastructure spending triggered sharp losses across Asian technology stocks and domestic market-linked companies.

economictimes.indiatimes.com ·3h ago

We haven't written up this one. The Economic Times - Top News has the full story — the link below goes straight to it.

Also reported by 1 other outlet

India as an AI hedge? The country's stocks could see robust inflows as markets globally tank cnbc.com

Read the original at economictimes.indiatimes.com →

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