Indian Shares Post Best Day in Months Amid AI Slump

Indian equity benchmarks posted their biggest single-day gain in four months as a global sell-off in artificial intelligence stocks sparked hopes of renewed foreign investment. The Nifty 50 rose 1.66 percent while the BSE Sensex added 2.11 percent.

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A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai, February 1, 2023. REUTERS/Niharika Kulkarni

India's equity benchmarks logged their biggest single-day gain in four months on Thursday afternoon as a global sell-off in AI-linked stocks prompted foreign investors to rotate capital back into domestic markets.

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