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How AI collapse could benefit Indian equity market; Jefferies' Christopher Wood explains
· Business Today Mkts
In an exclusive interview to BTTV, Wood said investors have been exiting India since early 2023 when the world witnessed the start of AI revolution.
The analysis
Because the driver here is macro rather than company-specific, the read-through is to index-level positioning rather than to any single name — correlations tend to rise when the whole market faces the same signal.
Market context
- This is a market-wide development — its reach goes beyond any single stock.