India’s out-of-favour stocks find new fans as AI trade reverses
· thehindubusinessline.com
Indian IT shares have been the biggest beneficiaries of the reallocation, with the Nifty IT index surging 16.7% in July as the Philadelphia Semiconductor Index slumped 21%.
Beaten-down stocks, led by software exporters, have rallied as global investors exit crowded AI-linked positions and target markets with limited exposure to ...