India, Oct. 28 -- Indian shares closed lower on Wednesday as information technology stocks slumped amid renewed optimism surrounding artificial intelligence in global markets.
AI-related stocks boosted benchmarks elsewhere in Tokyo and Seoul after global AI memory leader SK Hynix reported a more than sevenfold surge in quarterly operating profit to a record high and unveiled plans to return 100 trillion won ($75 billion) to shareholders.
For comments and feedback contact: editorial@rttnews.com
Published by HT Digital Content Services with permission from RTT News....