Finance1h ago
GE Vernova, CG Power, other power capex stocks tumble up to 16% in 2 days amid global AI caution. What's ahead?
Power capex stocks such as GE Vernova T&D India, CG Power, Hitachi Energy and TD Power Systems fell up to 16% over two sessions amid growing caution around AI development. The stocks had rallied sharply in 2026 on expectations of rising power demand from India’s data centre boom, making them vulnerable to sentiment shifts.
This story was originally reported by Economic Times — Markets. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
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