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Indian IT Stocks Slump as AI Jitters Resurface

Investors remain far from convinced that the sector has found a bottom.

Electronic integrated circuit (EIC) and photonic integrated circuit (PIC) semiconductor chips displayed at the MediaTek Inc. booth at the Computex 2026 expo in Taipei, Taiwan, on Wednesday, June 3, 2026. Computex is Asia's biggest electronics show, one that's transformed in recent years from a PC exhibition into an all-AI affair. Photographer: Lam Yik Fei/Bloomberg

India Steps Up Stake Sales as Iran War Strains Finances

The asset-sale push comes even as India’s equity capital market activity has slowed over the past two months.

Narendra Modi, India's prime minister, speaks during a news conference in New Delhi, India, on Saturday, Feb. 21, 2026. Brazil and India are set to strengthen cooperation on critical minerals and artificial intelligence, as the two nations position themselves as leading voices for the developing world amid a fragile global order. Photographer: Prakash Singh/Bloomberg
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