Bernstein warns that a global AI stock sell-off might not bring foreign investors back to Indian markets. The brokerage said, “India’s next chapter cannot be written around someone else’s disappointment. It has to be earned through its own delivery.” High valuations and low growth remain major hurdles for local equities.

“India’s next chapter cannot be written around someone else’s disappointment. It has to be earned through its own delivery,” the brokerage said.

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AI stock sell-off may not redirect funds to Indian equities.

Bernstein highlights India's high valuations and low growth.

India must attract global capital based on its own merits.

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