{"id":1047729,"date":"2026-11-07T08:04:40","date_gmt":"2026-11-07T02:34:40","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1047729"},"modified":"2026-11-07T08:52:26","modified_gmt":"2026-11-07T03:22:26","slug":"ai-selloff-hits-india-too-td-power-hfcl-sterlite-other-power-capex-linked-stocks-crash-up-to-15","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/11\/07\/ai-selloff-hits-india-too-td-power-hfcl-sterlite-other-power-capex-linked-stocks-crash-up-to-15\/","title":{"rendered":"AI selloff hits India too: TD Power, HFCL, Sterlite, other power capex-linked stocks crash up to 15%"},"content":{"rendered":"<p>Shares of power capex companies such as TD Power, Thermax, Netweb Technologies, HFCL, CG Power and Hitachi Energy, among others, tumbled up to 15% on Friday as a sharp sell-off in US and Asian AI-linked stocks triggered a broad-based decline in domestic AI-related stocks. The downturn was fuelled by the Democrats&#8217; victory in the US midterm elections. <\/p>\n<p>TD Power and Thermax were among the worst-hit stocks, plunging 15% each during the session. HFCL and Sterlite Technologies, which have emerged as major AI beneficiaries in 2026, were locked in the 5% lower circuit. Hitachi Energy and CG Power fell 5% and 7%, respectively, while Aeroflex Industries and KRN Heat Exchanger declined 5% in morning trade.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of power capex companies such as TD Power, Thermax, Netweb Technologies, HFCL, CG Power and Hitachi Energy, among others, tumbled up to 15% on Friday as a sharp sell-off in US and Asian AI-linked stocks triggered a broad-based decline in domestic AI-related stocks. The downturn was fuelled by the Democrats&#8217; victory in the US midterm elections. TD Power and Thermax were among the worst-hit stocks, plunging 15% each during the session. HFCL and Sterlite Technologies, which have emerged as major AI beneficiaries in 2026, were locked in the 5% lower circuit. Hitachi Energy and CG Power fell 5% and [&hellip;]<\/p>\n","protected":false},"author":1,"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-1047729","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\/1047729","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1047729"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1047729\/revisions"}],"predecessor-version":[{"id":1047753,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1047729\/revisions\/1047753"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1047729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1047729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1047729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}