Indian stock markets have seen significant movers in recent months, including Sterlite Tech, HFCL, Cummins, MTAR Tech, and Hitachi Energy, driven by AI-related activity.

How this affects you

The Indian stock market, though not having direct semiconductor companies like Korea and Taiwan, has strong proxy plays in AI-related capital expenditure. This indicates a growing, albeit indirect, participation of Indian companies in the global AI boom, offering investment opportunities for those who research diligently.