Indian data centre stocks rallied as the Union Budget announced a tax holiday until 2047 for foreign cloud service providers, aiming to position India as a global hub. Companies like Anant Raj, Techno Electric, and Netweb Technologies are expected to benefit from increased data centre development and infrastructure demand.
Mcap of 8 of top-10 firms erodes by Rs 1.55L cr
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj