Hitachi Energy, E2E Networks, Anant Raj, other AI-linked stocks slide up to 5% as global AI rout hits Indian markets

Indian markets are experiencing a decline in AI-linked stocks, with shares in companies like Hitachi Energy, E2E Networks, and Anant Raj falling by up to 5%. This drop is part of a global technology sell-off, with South Korea's KOSPI index also plummeting. The sell-off is linked to intensifying competition in the AI sector, causing investors to reassess the valuations of these stocks. As a result, the market is experiencing a downturn, which could have significant implications for the Indian economy.

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Global technology sell-off deepens, hitting Indian markets. Intensifying competition in the AI sector affects investor sentiment.

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