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.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.
