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AI Crash Loading? E2E, Black Box, Netweb Slump Up To 10% As Investors Retreat Globally
AI-linked stocks tumble as global tech sell-off sparks fresh valuation concerns.
Global AI tech rout hits Indian shares: Netweb Tech, E2E Networks, Anant Raj fall up to 7%
The weakness in Indian AI-linked stocks mirrored a broader global sell-off in technology counters after the Nasdaq fell more than 4.5 percent last week.
Momentum Stocks: HCLTech, LTIMindtree, Zensar Tech, RVNL, Kalyan Jewellers hit 52-week low
RKEC Projects, Dynacons Systems & Solutions, and E2E Networks were locked in the lower circuit, indicating intense selling pressure and a lack of buyers, a sign of bearish near-term sentiment.
AI stocks slide deepens amid global tech selloff: E2E Networks, Netweb fall up to 5%
All major AI-focused stocks in India traded in the red amid growing concerns over elevated technology valuations and increasing scrutiny of the sector's growth outlook
Netweb, Orient Tech, E2E Networks shares decline up to 3% amid global AI selloff; Black Box bucks trend
The weakness comes after the technology sector dragged Wall Street lower in the previous session