Indian Markets Rise as Global AI Stock Selloff Spreads Across Asia

Indian benchmark indices rose in early trade on 6 November 2026, even as a selloff in technology and artificial intelligence-linked stocks weighed on markets across Asia.

At 10:33 am IST, the Nifty 50 was up 0.51% at 24,662.80 and the Sensex was up 0.76% at 79,917.60, Reuters reported. At the time of its report, South Korea's Kospi was down 8% and Japan's Nikkei was down 5%.

These are intraday figures, not closing prices. They show how the markets were trading at the reported times and may have changed later in the session.

Read the market snapshot here -> India bucks Asia tech rout as oil slide reverses market fortunes.

What drove the global selloff?

Reuters reported that the Nasdaq fell 5.5% in the preceding US session as investors assessed concerns about artificial intelligence spending and possible regulatory scrutiny.

Those concerns carried into Asian markets with greater exposure to chipmakers and other businesses connected to AI infrastructure. Markets did not move uniformly, and some Asian indices recovered part of their early losses during trading.

The international market report provides context on the selloff and the sectors affected -> Asia stocks tumble after AI rout rocks US markets.

Why was India moving differently?

Reuters identified several factors that may have supported Indian shares: a recent fall in oil prices, renewed foreign buying and India's relatively limited direct exposure to the AI hardware trade.

Those are reported market explanations, not proof that any one factor caused the day's move. A large importer of oil, India can be affected by changes in crude prices through energy costs, inflation expectations and business margins. The effect varies across companies and sectors.

Foreign investors bought a net ₹14,796 crore of Indian shares on 5 November, according to provisional exchange data reported by Reuters. Reuters described it as their largest daily net purchase in nearly six years, while noting that the earlier comparison included a large promoter-driven block deal -> India stocks draw biggest foreign inflow in nearly six years as oil falls, AI trade cools.

The benchmark did not tell the whole story

While the major indices were higher in Reuters' morning snapshot, its report said broader small-cap and mid-cap indices were lower. This distinction matters because a rising headline index does not mean every stock or fund is gaining.

Vantage reported the previous day's rally as crude fell. The new development is the 6 November divergence between Indian benchmarks and technology-heavy Asian markets -> Sensex and Nifty Rally as Brent Crude Falls.

What happens next?

Investors will be watching whether foreign flows continue, how crude prices move and whether concerns about AI spending spread to other sectors. None of those outcomes is established by one morning's trading.

The final direction of the 6 November session and subsequent market performance remained unknown at the time of the quoted snapshot.

Sources

Click an article title to view the source.

• India bucks Asia tech rout as oil slide reverses market fortunes, published on 6 November 2026 in Reuters.
• Asia stocks tumble after AI rout rocks US markets, published on 6 November 2026 by Reuters, carried by Euronext.
• India stocks draw biggest foreign inflow in nearly six years as oil falls, AI trade cools, published on 5 November 2026 in Reuters.
• Sensex and Nifty Rally as Brent Crude Falls, published on 5 November 2026 in Vantage Radar.

When major indices rise but smaller stocks fall, which measure helps you understand the market best? Share your reasoning in the attached forum discussion.