{"id":1043884,"date":"2026-10-16T08:25:03","date_gmt":"2026-10-16T02:55:03","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1043884"},"modified":"2026-10-16T08:27:16","modified_gmt":"2026-10-16T02:57:16","slug":"it-stocks-power-dalal-street-rally-as-global-ai-trade-loses-steam","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/10\/16\/it-stocks-power-dalal-street-rally-as-global-ai-trade-loses-steam\/","title":{"rendered":"IT stocks power Dalal Street rally as global AI trade loses steam"},"content":{"rendered":"<p>Mumbai: Indian equities posted a strong rebound on Thursday, led by a sharp recovery in IT stocks amid the unwinding of AI-related trades across global markets. <\/p>\n<p>The BSE Sensex rose 1,533.72 points, or 2.11%, to close at 74,315.61, while the NSE Nifty50 gained 374.65 points, or 1.66%, to settle at 22,997.35. <\/p>\n<p>The rally came even as concerns over sticky US inflation and the prospect of further monetary tightening weighed on global markets, triggering a sell-off in technology stocks across Asia, particularly in South Korea and Taiwan.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Indian equities posted a strong rebound on Thursday, led by a sharp recovery in IT stocks amid the unwinding of AI-related trades across global markets. The BSE Sensex rose 1,533.72 points, or 2.11%, to close at 74,315.61, while the NSE Nifty50 gained 374.65 points, or 1.66%, to settle at 22,997.35. The rally came even as concerns over sticky US inflation and the prospect of further monetary tightening weighed on global markets, triggering a sell-off in technology stocks across Asia, particularly in South Korea and Taiwan.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1043884","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1043884","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1043884"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1043884\/revisions"}],"predecessor-version":[{"id":1043907,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1043884\/revisions\/1043907"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1043884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1043884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1043884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}