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Indian AI stocks rally up to 5% as global tech rebound lifts sector

moneycontrol.com — November 12, 2026 at 08:01 AM UTC

Indian AI-related stocks extended gains on Thursday, tracking a global tech rebound after a recent Wall Street selloff. ESDS Software Solution led domestic gainers, rising up to 4.67 percent. The Nasdaq 100 climbed 2.5 percent in the prior session, with Nvidia Corp. up 4 percent. E2E Networks advanced 3.27 percent, while Anant Raj rose 4 percent. Globally, CoreWeave Inc. surged 24 percent on an upbeat outlook, and OpenAI reported quarterly revenue of USD 10 billion. Anthropic PBC's proposed initial public offering was reportedly multiple times oversubscribed, signaling renewed investor appetite for AI services. MTAR Technologies gained nearly 2 percent, while Netweb Technologies India traded 0.11 percent higher.

With a significance score of 1.7, this news ranks in the top 31% of today's 32173 analyzed articles.

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