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India's Nifty 50 Holds Steady While Asian Markets Slip Over 3%

India’s Nifty 50 index rose on Wednesday, trading in the green despite a broader sell‑off in Asian markets, where chip‑heavy indices fell more than 3%. The stability is attributed to expectations of tax relief, the return of foreign capital and the index’s relatively low exposure to artificial‑intelligence stocks. Earlier this year, foreign investors had withdrawn funds from India to pursue AI‑driven gains in Korea and Taiwan. These factors are helping the Nifty remain steady.

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