AI Selloff Hits Indian Power and Tech Stocks, Some Fall Up to 15%
Indian stocks linked to power capex and AI, including TD Power, HFCL, Sterlite, CG Power, Mtar Tech, and Hitachi Energy India, fell sharply amid a global tech stock selloff. Shares dropped up to 15% for power capex firms and up to 8% for AI-related companies. The selloff reflects valuation concerns for Indian AI startups amid global market volatility.
The Economic Times·


