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Indian IT Stocks Stage a Comeback as Global AI Trade Falters
Indian IT stocks have rebounded while global AI trade faces challenges. The Nifty IT Index's correlation with the Philadelphia Semiconductor Index has reached its lowest level since 2018.
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Adjacent reporting
- Indian IT Stocks Slump as AI Jitters Resurface
- Global tech stocks fall as AI trade goes into reverse
- Indian Tech’s Nifty Share Shrinks to Record Low on AI Worries
- Indian stocks lose out to Asian rivals in global hunt for AI winners
- Stocks Tumble as AI Trades Unwind | The Asia Trade 6/8/2026
- India benefits from lack of AI stocks