In fact, running up to the last week, profit booking was also due, as fresh triggers had failed to emerge and traders became tentative after the Nifty50 failed to keep the gains following the breach of record peaks.
AI-related stocks came under pressure on Wednesday despite a broader Wall Street rally following the Democratic sweep of Congress. Data centre companies CoreWeave, Iren and
Crude oil prices experienced a significant decline, with Brent prices falling below $100 per barrel. The decline was influenced by hopes for a peace deal
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