Indian shares closed lower on Wednesday as information technology stocks slumped amid renewed optimism surrounding artificial intelligence in global markets.
AI-related stocks boosted benchmarks elsewhere in Tokyo and Seoul after global AI memory leader SK Hynix reported a more than sevenfold surge in quarterly operating profit to a record high and unveiled plans to return 100 trillion won ($75 billion) to shareholders.
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Indian Shares End Lower As IT Stocks Drag On Global AI Chip Rally
2026-10-28 10:40:51
