VERIFIEDET Stocks·15 Sept 2026positive

Rs 1.13 lakh crore boom in one corner, a bust in another: What changed in the AI trade?

AI Summary

·The Nifty IT Index gained 5% on Tuesday, adding Rs 1.13 lakh crore in market value.
·Calls for a slower pace of frontier AI development eased concerns over disruption to traditional software services.
·Power and infrastructure stocks tied to AI buildout declined sharply.