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First cracks in AI bubble rattle India's proxy stock investors. How worried should you be?
The Economic Times·2025-11-07 12:26

The first cracks surfaced when a sharp sell-off in global tech stocks earlier this week, led by Nvidia and Palantir Technologies, has rattled investors worldwide. The S&P 500 and Nasdaq Composite both suffered their biggest one-day declines in nearly a month. Nvidia, which recently became the world’s most valuable company by crossing a $5 trillion market cap, has fallen about 5% in the last five days.According to Kotak Equities, the debate over an Indian AI proxies feel the heatIndia’s markets don't yet ha ...