Indian shares logged strong gains on Tuesday, with information technology stocks leading the surge as enthusiasm for artificial intelligence eased.

Broadcom and Intel CEOs have flagged capital costs and uncertain returns as potential constraints on AI infrastructure expansion as Chinese artificial intelligence models gain users rapidly.

Last week, billionaire Ray Dalio warned that AI is a “classic bubble” that is nearing a bursting point.

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Indian Shares Rally As IT Stocks Surge On AI Selloff

2026-10-13 10:43:00

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