New Delhi, Oct. 10 -- A possible correction in highly valued artificial intelligence (AI) stocks could bring foreign investors back to India, as the country offers a broad-based stock market and long-term growth opportunities, independent market analyst Ambareesh Baliga said in an exclusive conversation with ANI.

Baliga said the growing excitement around AI had pushed valuations in some global markets to very high levels, increasing the risk of a sharp correction.

He said a possible fall in these valuations could redirect foreign investment towards India, which has seen significant overseas fund outflows over the past two years.

"AI-related euphoria has caused valuations to skyrocket, and I think this bubble could burst sooner rather t...