India’s out-of-favour stocks find new fans as AI trade reverses

Source: BusinessLine· Reuters· July 31, 2026
India’s out-of-favour stocks find new fans as AI trade reverses

Indian IT shares have been the biggest beneficiaries of the reallocation, with the Nifty ​IT index surging 16.7% in July as ‌the Philadelphia Semiconductor Index slumped 21%.

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