India, Nov. 6 -- AI and data centres have emerged as major investment themes in the Indian stock market, with companies involved in cloud computing, server manufacturing, networking equipment, and power infrastructure attracting investor attention. Expectations of rising AI adoption and increasing demand for computing capacity have supported strong interest in these stocks.

However, the recent sell-off in global technology stocks has also affected Indian companies linked to the AI and data centre ecosystem. On Friday, several stocks declined sharply, with some hitting their lower circuits and others falling by double digits. The selling has raised questions about whether investors are reassessing the growth prospects and valuations of t...