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Sterlite Tech shares slide 5% after rallying 56% in one month. Here's why

Shares of Sterlite Technologies dropped 5% to hit the lower circuit on Monday, after a massive 56% surge in one month and a whopping 474% rally so far in 2026, as a pause in the global AI optimism dampened sentiment.Shares of the company remained locked in the lower circuit at Rs 588.30 apiece on NSE in the morning trading hours of Monday.AI rally slams the brakesSouth Korea’s Kospi plunged 9% on Monday morning, leading to a 20-minute trading halt, as the massive selloff in tech stocks raged on…

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Economic TimesLean R·4h ago
Sterlite Tech shares slide 5% after rallying 56% in one month. Here's why
Shares of Sterlite Technologies dropped 5% to hit the lower circuit on Monday, after a massive 56% surge in one month and a whopping 474% rally so far in 2026, as a pause in the global AI optimism dampened sentiment.Shares of the company remained locked in the lower circuit at Rs 588.30 apiece on NSE in the morning trading hours of Monday.AI rally slams the brakesSouth Korea’s Kospi plunged 9% on Monday morning, leading to a 20-minute trading halt, as the massive selloff in tech stocks raged on…
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Sterlite Tech shares slide 5% after rallying 56% in one month. Here's why

How 2 sources are covering this

Sterlite Tech shares slide 5% after rallying 56% in one month. Here's why

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