India, June 5 -- Smaller Indian companies linked to data centers and Artificial Intelligence infrastructure have become some of the biggest stock market winners in 2026, though India does not have many major AI software or semiconductor companies.

These companies are benefiting from the huge amount of money being spent worldwide on building AI infrastructure such as data centers, as per a report by the Bloomberg.

The biggest example is Sterlite Technologies Ltd., an optical-fiber company owned by the Vedanta Group. Sterlite Technologies' shares have jumped more than 530% in 2026, stated in the report by Bloomberg. The company received a $1.1 billion multi-year contract from a US-based hyperscaler in May 2026. Sterlite's rival HFCL Ltd. ...