India’s Nifty has declined 12% in 2026, but Goldman Sachs’ basket of 42 AI enablers has surged 60%. Power, data centres and semiconductor companies are driving gains, supported by earnings growth, rising capex and increasing corporate focus on AI infrastructure.
IndiGo shares rise 2% after India’s largest airline hikes excess baggage and priority service prices
InterGlobe Aviation, IndiGo’s operator, raised charges for domestic ancillary services, including infant travel, excess baggage and priority check-in and boarding. The revisions increase passenger costs