Indian Shares Seen Muted As Global Tech-selloff Intensifies

Indian shares are likely to open on a muted note Wednesday, mirroring weak cues from global markets as investors react to a fundamental shift in the AI and earnings narrative.

A wave of selling across global technology stocks has intensified fears that the artificial intelligence spending boom may not deliver the returns investors had anticipated.

Micron’s earnings, due later today after the U.S. closing bell, will be a key test for AI-driven memory demand.