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AI selloff hits India too: TD Power, HFCL, Sterlite, other power capex-linked stocks crash up to 15%

Source: Economic Times · Nov 06, 2026 05:11 UTC

The Quick Take

Indian power capex and AI-linked stocks tumbled as a global technology sell-off spread across markets, with TD Power and Thermax plunging 15% each. Concerns that US midterm election results could slow data centre expansion and AI infrastructure spending triggered sharp losses across Asian technology stocks and domestic market-linked companies.

Read the full story at Economic Times →

Ground Level News aggregates headlines from public feeds. This page shows a short summary only; the full article and all rights belong to Economic Times.

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