Netweb, E2E Networks, other AI-related stocks rise up to 9% as Anthropic IPO, CoreWeave earnings lift global AI sentiment
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- ✓AI-related stocks rose up to 9% on November 11 as Anthropic’s blockbuster IPO and strong CoreWeave earnings lifted global sentiment.
- ✓Netweb Technologies shares climbed 7%, while E2E Networks and Black Box also saw gains.
- ✓Investors are now watching the upcoming share sale, which serves as a test for the AI boom.
Story at a Glance
- Category
- Indian Markets
- Reported By
- Moneycontrol.com
- Reading Speed
- 4 Minute(s)
- Market Focus
- India Economy
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Artificial intelligence-related stocks rose up to 9% on November 11 as Anthropic's blockbuster IPO, strong CoreWeave earnings lifted global AI sentiment.
At 11:30 am on November 11, Netweb Technologies shares were trading 7% higher at Rs 4,108.6 apiece. Meanwhile, shares of E2E Networks, ESDS Software Solution climbed 5% and 4.2%, respectively.
Other AI-related stocks like Black Box, Anant Raj rose 9% and 4%, respectively. Mtar Tech stock climbed 3%.
Stocks of power equipment players like Hitachi Energy India, CG Power, GE Vernova T&D India rose 4.4%, 2.5% and 2.2%, respectively.
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