India's stocks jump as AI-heavy markets fall
India's Sensex rose 4.82% while markets heavy in AI stocks fell. Investors see India as a hedge against an AI sell-off. India's Nifty 50 has gained nearly 9% in a month.
Why it matters
Money moving to India shows how investors are shifting away from AI-linked markets.
Background
Indian markets have less exposure to AI companies than the US, Japan, South Korea and Taiwan.
Sources
- CNBC ↗Nov 6, 1:02 AM ET
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