Business

India’s ‘anti-AI’ trade hides 42 AI-enabler stocks that rallied 60% already: Goldman Sachs

The Economic Times · 17 September 2026 at 4:30 pm

India’s Nifty has declined 12% in 2026, but Goldman Sachs’ basket of 42 AI enablers has surged 60%.

Power, data centres and semiconductor companies are driving gains, supported by earnings growth, rising capex and increasing corporate focus on AI infrastructure.

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India’s ‘anti-AI’ trade hides 42 AI-enabler stocks that rallied 60% already: Goldman Sachs

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