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How Nvidia stoked a rally in Indian IT stocks today | Explained – CNBC TV18 | CNBC-TV18

How Nvidia stoked a rally in Indian IT stocks today | Explained – CNBC TV18 | CNBC-TV18

By LinkedIn
Publication Date: 2026-08-24 06:08:00

🤖 #Nvidia’s plan to raise #AI chip prices by 15% has rattled AI-linked stocks globally — but Indian IT stocks are seeing the opposite reaction.

📈 The #NiftyIT Index has risen in 3 of the last 4 sessions, as investors look towards beaten-down Indian software companies as an “anti-AI” bet. #Hexaware was among the biggest gainers today.

📌 Here’s a look at why a cooling AI trade could be benefiting Indian IT stocks: https://lnkd.in/duhexqhP

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