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Tech & Innovation·July 29, 2026·1 min read

Indian IT Stocks Stage a Comeback as Global AI Trade Falters

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Decoupling between India’s Nifty IT Index and the Philadelphia Semiconductor Index says investors are rotating from pure AI hardware beta back to services and integration. For global enterprises, that reinforces a simple fact — you’ll still need large SI and IT partners to actually land AI in legacy estates, even if chip names cool off.