AI News

Indian IT stocks hold firm through a global AI rout as oil and Hormuz keep investors on edge

While the Nasdaq suffered its worst day since April 2025 and Asian chip stocks fell 6 to 7 per cent, Indian benchmarks extended a seven-session winning streak on 6 November with Infosys, TCS and HCLTech in focus as a services-led alternative to AI hardware. Brent's swing back towards $100 on Hormuz disruption remains the sector's main macro risk.