GIFT Nifty tumbles over 150 points as global sell-off in AI stocks rattles sentiment

June 26, 2026

GIFT Nifty signals a weak start for Indian markets after a sharp global sell-off led by declines in AI and semiconductor stocks across Asia. Profit booking, weak tech sentiment and mixed Wall Street cues weighed on markets, even as analysts maintain a positive near-term outlook for Nifty above key support levels.

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