Indian Shares Defy Asia Tech Rout

Indian shares remained steady on Friday as sustained foreign inflows and low AI exposure insulated the market from a regional tech rout. Foreign investors purchased significant equities amid falling oil prices.

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FILE PHOTO: People walk outside the National Stock Exchange (NSE) in Mumbai, India, October 22, 2024. REUTERS/Francis Mascarenhas/File Photo

India's benchmark indices held steady during Friday morning trade, insulated from a global tech selloff by foreign inflows and low artificial intelligence exposure.