AI Slowdown Calls May Give India’s IT Services Stocks a Reprieve

Calls by leading AI executives to pace frontier model development have opened an unexpected market question: whether India’s battered technology-services stocks may get breathing room after being among the first equity casualties of generative AI. The debate could trigger short-covering and fresh interest when Indian markets reopen Tuesday after a Monday holiday, but the reprieve depends on whether slower AI capability gains become more than rhetoric.