{"id":114835,"date":"2026-06-11T14:16:58","date_gmt":"2026-06-11T08:46:58","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=114835"},"modified":"2026-06-11T14:16:59","modified_gmt":"2026-06-11T08:46:59","slug":"ai-stocks-fall-e2e-networks-netweb-global-selloff","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/ai-stocks-fall-e2e-networks-netweb-global-selloff\/","title":{"rendered":"AI Stocks Slide Deepens as E2E Networks Locks at 5% Lower Circuit and Netweb Technologies Falls 4.94% Amid Continuing Global Tech Selloff"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>AI stocks today: E2E Networks Rs 369 (5% lower circuit, -4.99%). Netweb Technologies Rs 4,083.30 (-4.94%), Open Rs 4,245.10, High Rs 4,360, Low Rs 4,076.10. Anant Raj Rs 512.10 (-1.40%). Black Box Rs 982.70 (-2.96%). Trigger: Broadcom Q3 AI chip guidance $16 Bn vs $17.2 Bn estimate; Nasdaq -4.5%+ last week.<\/em><\/p>\n<p>Indian <strong>AI stocks<\/strong> extended their slide for a third session on Thursday, June 11, 2026, with E2E Networks locking at the 5% lower circuit at Rs 369 and Netweb Technologies declining 4.94% to Rs 4,083.30, as the global technology selloff triggered by Broadcom&#8217;s cautious AI chip guidance continued to pressure valuations across the AI infrastructure ecosystem. The ongoing <strong>AI stocks<\/strong> correction has been building since June 9, when Netweb fell 7-8% and E2E Networks first hit the lower circuit, tracking the Nasdaq&#8217;s 4.5%+ weekly decline on June 5. The selloff extends beyond pure-play AI companies: data centre enablers including Anant Raj (-1.40%), Black Box (-2.96%), and leading IT names like Infosys (-2.60%) and HCL Technologies (-2.01%) are all under pressure, reflecting a broad-based reassessment of technology sector valuations in the Indian equity market.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=ai-stocks-fall\"><strong>Click Here &#8211; Get Free AI Sector Research From Univest<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/ai-stocks-fall-e2e-networks-netweb-global-selloff\/#AI_Stocks_Performance_Today_Kite-Verified\" title=\"AI Stocks Performance Today (Kite-Verified)\">AI Stocks Performance Today (Kite-Verified)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/ai-stocks-fall-e2e-networks-netweb-global-selloff\/#Global_Context_The_Broadcom_Trigger\" title=\"Global Context: The Broadcom Trigger\">Global Context: The Broadcom Trigger<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/ai-stocks-fall-e2e-networks-netweb-global-selloff\/#Why_Broadcoms_Guidance_Rattled_Global_AI_Stocks\" title=\"Why Broadcom&#8217;s Guidance Rattled Global AI Stocks\">Why Broadcom&#8217;s Guidance Rattled Global AI Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/ai-stocks-fall-e2e-networks-netweb-global-selloff\/#Indian_AI_Stocks_E2E_Networks_and_Netweb_Technologies_in_Focus\" title=\"Indian AI Stocks: E2E Networks and Netweb Technologies in Focus\">Indian AI Stocks: E2E Networks and Netweb Technologies in Focus<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/ai-stocks-fall-e2e-networks-netweb-global-selloff\/#The_Valuation_Debate_Has_Indias_AI_Re-Rating_Gone_Too_Far\" title=\"The Valuation Debate: Has India&#8217;s AI Re-Rating Gone Too Far?\">The Valuation Debate: Has India&#8217;s AI Re-Rating Gone Too Far?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/ai-stocks-fall-e2e-networks-netweb-global-selloff\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/ai-stocks-fall-e2e-networks-netweb-global-selloff\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/ai-stocks-fall-e2e-networks-netweb-global-selloff\/#Why_are_AI_stocks_falling_in_India_today\" title=\"Why are AI stocks falling in India today?\">Why are AI stocks falling in India today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/ai-stocks-fall-e2e-networks-netweb-global-selloff\/#What_triggered_the_global_AI_tech_selloff\" title=\"What triggered the global AI tech selloff?\">What triggered the global AI tech selloff?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/ai-stocks-fall-e2e-networks-netweb-global-selloff\/#What_are_E2E_Networks_key_fundamentals_despite_todays_fall\" title=\"What are E2E Networks&#8217; key fundamentals despite today&#8217;s fall?\">What are E2E Networks&#8217; key fundamentals despite today&#8217;s fall?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/ai-stocks-fall-e2e-networks-netweb-global-selloff\/#Is_the_AI_stocks_selloff_a_buying_opportunity\" title=\"Is the AI stocks selloff a buying opportunity?\">Is the AI stocks selloff a buying opportunity?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"AI_Stocks_Performance_Today_Kite-Verified\"><\/span><strong>AI Stocks Performance Today (Kite-Verified)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width: 100%; border-collapse: collapse; font-size: 14px;\">\n<thead>\n<tr>\n<th style=\"border: 1px solid #000; padding: 7px 9px; background: #000; color: #fff; text-align: left;\">AI\/Data Centre Stock<\/th>\n<th style=\"border: 1px solid #000; padding: 7px 9px; background: #000; color: #fff; text-align: left;\">NSE<\/th>\n<th style=\"border: 1px solid #000; padding: 7px 9px; background: #000; color: #fff; text-align: left;\">CMP<\/th>\n<th style=\"border: 1px solid #000; padding: 7px 9px; background: #000; color: #fff; text-align: left;\">Prev Close<\/th>\n<th style=\"border: 1px solid #000; padding: 7px 9px; background: #000; color: #fff; text-align: left;\">Change %<\/th>\n<th style=\"border: 1px solid #000; padding: 7px 9px; background: #000; color: #fff; text-align: left;\">Day High<\/th>\n<th style=\"border: 1px solid #000; padding: 7px 9px; background: #000; color: #fff; text-align: left;\">Day Low<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">E2E Networks<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">E2E<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 369.00<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 388.40<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">-4.99% (5% lower circuit)<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 369<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 369<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\"><a href=\"https:\/\/univest.in\/user\/stocks\/netweb\/netweb-technologies-india-ltd-share-price-today\">Netweb Technologies<\/a><\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">NETWEB<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 4,082.10<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 4,295.60<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">-4.94%<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 4,360<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 4,071<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\"><a href=\"https:\/\/univest.in\/user\/stocks\/anantraj\/anant-raj-ltd-share-price-today\">Anant Raj<\/a><\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">ANANTRAJ<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 512.10<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 519.35<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">-1.40%<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 528.20<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 510.30<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\"><a href=\"https:\/\/univest.in\/user\/stocks\/bbox\/black-box-ltd-share-price-today\">Black Box<\/a><\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">BBOX<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 982.70<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 1,012.70<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">-2.96%<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 1,029.30<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 981<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\"><a href=\"https:\/\/univest.in\/user\/stocks\/infy\/infosys-ltd-share-price-today\">Infosys<\/a> (IT context)<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">INFY<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 1,115.50<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 1,145.30<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">-2.60%<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 1,133.70<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 1,109<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\"><a href=\"https:\/\/univest.in\/user\/stocks\/hcltech\/hcl-technologies-ltd-share-price-today\">HCL Technologies<\/a><\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">HCLTECH<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 1,109.30<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 1,132.10<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">-2.01%<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 1,113.90<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 1,089.50<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\"><a href=\"https:\/\/univest.in\/user\/stocks\/tataelxsi\/tata-elxsi-ltd-share-price-today\">Tata Elxsi<\/a><\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">TATAELXSI<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 4,007.50<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 4,092.20<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">-2.07%<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 4,080<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 3,981<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div style=\"background: #E8EAFF; border-radius: 14px; padding: 22px 26px 18px; margin: 24px 0; cursor: pointer;\">\n<p style=\"font-size: 18px; font-weight: bold; color: #0a0a23; margin: 0 0 8px;\">Track AI Stocks and Data Centre Sector Research on Univest<\/p>\n<p style=\"font-size: 14px; color: #3a3a5c; margin: 0 0 10px;\">Univest covers E2E Networks, Netweb Technologies, Anant Raj, and all Indian AI infrastructure stocks with live prices and expert research.<\/p>\n<ul style=\"margin: 0 0 12px 18px; color: #3a3a5c; font-size: 14px; line-height: 1.8;\">\n<li>Live AI stocks price tracking with global tech correlation data<\/li>\n<li>Data centre sector analysis: order books, capacity, and earnings<\/li>\n<li>Daily sector picks from Univest analysts<\/li>\n<\/ul>\n<p><a style=\"display: inline-block; background: #3B7FFF; color: #fff; font-size: 14px; font-weight: 600; padding: 10px 22px; border-radius: 50px; text-decoration: none;\" href=\"https:\/\/univest.in\/user\/payment?planType=ALL_PRO%20PLANS\" target=\"_blank\" rel=\"noopener\">See the Stocks \u2192<\/a><\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Global_Context_The_Broadcom_Trigger\"><\/span><strong>Global Context: The Broadcom Trigger<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width: 100%; border-collapse: collapse; font-size: 14px;\">\n<thead>\n<tr>\n<th style=\"border: 1px solid #000; padding: 7px 9px; background: #000; color: #fff; text-align: left;\">Global Stock\/Index<\/th>\n<th style=\"border: 1px solid #000; padding: 7px 9px; background: #000; color: #fff; text-align: left;\">June 5 Move<\/th>\n<th style=\"border: 1px solid #000; padding: 7px 9px; background: #000; color: #fff; text-align: left;\">Context<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Nasdaq Composite<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">-4.5%+ for the week<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">AI valuation concerns post-Broadcom<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Broadcom (AVGO)<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">-14% on June 4<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Q3 AI chip guidance $16 Bn vs $17.2 Bn estimate<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Samsung Electronics<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">-5%<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Kospi dragged by chipmaker selling<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">SK Hynix<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">-6.7%<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Memory chip weakness + AI capex concerns<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">TSMC (Taiwan)<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">-2.1%<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Semiconductor sector risk-off<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">SoftBank Group (Japan)<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">-7.5%<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">AI investment portfolio de-risking<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Tokyo Electron<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">-6.7%<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Semiconductor equipment sell-off<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Why_Broadcoms_Guidance_Rattled_Global_AI_Stocks\"><\/span><strong>Why Broadcom&#8217;s Guidance Rattled Global AI Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The proximate cause of the <strong>AI stocks<\/strong> selloff is Broadcom (AVGO), whose fiscal Q2 2026 results on June 3, 2026, contained a critical miss. While Broadcom beat revenue estimates ($22.19 billion actual vs $22.13 billion consensus), its Q3 AI chip sales guidance of $16 billion fell short of the $17.2 billion analyst estimate. Broadcom also chose not to raise its full-year 2026 AI semiconductor sales forecast. This was interpreted by markets as a &#8220;sell-the-AI-story&#8221; signal: if Broadcom, one of the most direct AI infrastructure hardware beneficiaries, is guiding conservatively, the broader AI capex cycle may be closer to its peak than consensus expected. Broadcom fell 14% on June 4, pulling down the entire global semiconductor and AI infrastructure supply chain over the subsequent sessions.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Indian_AI_Stocks_E2E_Networks_and_Netweb_Technologies_in_Focus\"><\/span><strong>Indian AI Stocks: E2E Networks and Netweb Technologies in Focus<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among Indian <strong>AI stocks<\/strong>, the two hardest hit today are E2E Networks and Netweb Technologies, which are the most direct proxies for India&#8217;s AI infrastructure buildout. E2E Networks, a cloud computing and AI platform provider, has seen its share locked at the 5% lower circuit at Rs 369 (from prev close Rs 388.40). The stock had hit a lower circuit on June 9 as well, during the initial global AI rout. Despite the correction, E2E Networks reported a 60% YoY revenue jump in Q3 FY26 to Rs 70 crore and has an Nvidia collaboration for cloud and AI infrastructure. Netweb Technologies, which supplies Tyrone-brand high-performance computing servers for AI workloads and data centres, has fallen from Rs 4,295.60 (prev close) to Rs 4,083.30 (-4.94%), despite reporting 141% YoY revenue growth to Rs 805 crore in Q3 FY26 and maintaining an order pipeline of Rs 4,270 crore.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_Valuation_Debate_Has_Indias_AI_Re-Rating_Gone_Too_Far\"><\/span><strong>The Valuation Debate: Has India&#8217;s AI Re-Rating Gone Too Far?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>AI stocks<\/strong> selloff in India reflects a broader valuation recalibration debate. Many of India&#8217;s AI and data centre stocks re-rated aggressively in 2025-26, driven by the Union Budget 2026&#8217;s tax holiday for global cloud service providers, India AI Impact Summit commitments of $200 billion in investments over two years, and strong quarterly earnings from Netweb and others. However, as Broadcom&#8217;s guidance revealed, AI infrastructure spending from Big Tech may be more episodic than the market had priced in. Khushi Mistry, Research Analyst at Bonanza, noted: &#8220;The Broadcom-triggered sell-off has exposed the fragility of hyper-concentrated AI markets. India&#8217;s AI story is structurally intact but is concentrated in companies with genuine earnings recovery visibility.&#8221;<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Screen AI Stocks and Data Centre Sector Stocks on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>AI stocks<\/strong> slide deepens today with E2E Networks at the 5% lower circuit (Rs 369) and Netweb Technologies down 4.94% (Rs 4,083.30) as the global AI tech rout triggered by Broadcom&#8217;s guidance miss continues into the third session. The fundamental case for Indian <strong>AI stocks<\/strong> remains intact, with strong order books and earnings growth, but near-term global sentiment is negative. Track live <strong>AI stocks<\/strong> data and data centre sector research on Univest.<\/p>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track AI stocks live with data centre sector analysis and expert research on Univest.<\/em><\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_are_AI_stocks_falling_in_India_today\"><\/span><strong>Why are AI stocks falling in India today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans. Indian AI stocks including E2E Networks (at 5% lower circuit, Rs 369) and Netweb Technologies (down 4.94% to Rs 4,083.30) are falling for the third session since June 9, tracking the global technology selloff triggered by Broadcom&#8217;s (AVGO) disappointing Q3 AI chip sales guidance. Broadcom guided for Q3 AI chip sales of $16 billion, below the market expectation of $17.2 billion, and fell 14% on June 4, 2026. This caused the Nasdaq to fall over 4.5% the following week, sending a negative signal across global AI-linked equities. Indian AI stocks that had rallied significantly in 2026 are now undergoing a correction as investors reassess AI valuations.<\/strong><\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_triggered_the_global_AI_tech_selloff\"><\/span><strong>What triggered the global AI tech selloff?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans. The global AI tech selloff was triggered by Broadcom&#8217;s (AVGO) fiscal Q2 2026 earnings results released on June 3, 2026. While Broadcom beat revenue estimates ($22.19 billion vs $22.13 billion expected), its Q3 AI chip sales guidance of $16 billion fell short of the $17.2 billion analyst estimate, and the company notably did not raise its full-year AI semiconductor forecast. This cautious guidance was interpreted by markets as a signal that AI infrastructure spending growth may be moderating, causing a broad sell-the-AI-story reaction. Broadcom fell 14% on June 4, dragging down Samsung (-5%), SK Hynix (-6.7%), TSMC (-2.1%), SoftBank (-7.5%), and eventually Indian AI stocks.<\/strong><\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_E2E_Networks_key_fundamentals_despite_todays_fall\"><\/span><strong>What are E2E Networks&#8217; key fundamentals despite today&#8217;s fall?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans. Despite the 4.99% decline to the lower circuit at Rs 369 today, E2E Networks has strong fundamental momentum. The company reported a 60% YoY jump in Q3 FY26 revenue to Rs 70 crore and announced a collaboration with Nvidia for cloud and AI infrastructure. E2E Networks had delivered over 45% returns to investors in 2026 before the current correction, reflecting strong institutional confidence in India&#8217;s cloud computing and AI platform play. The company is investing aggressively in infrastructure, which temporarily creates losses (Rs 5.7 crore Q3 FY26 loss) but positions it for higher-margin AI cloud revenue.<\/strong><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_AI_stocks_selloff_a_buying_opportunity\"><\/span><strong>Is the AI stocks selloff a buying opportunity?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans. The AI stocks selloff may represent a buying opportunity for investors with a medium-to-long term horizon, depending on individual stock fundamentals. Netweb Technologies has an order pipeline of Rs 4,270 crore and reported 141% YoY revenue growth in Q3 FY26, indicating strong business momentum. E2E Networks has an Nvidia partnership and India&#8217;s $200 billion AI investment pipeline as structural tailwinds. However, the near-term trigger for a recovery would be either a stabilisation in global AI sentiment (clarity on US AI capex from Microsoft, Google, Meta) or India-specific catalysts such as new government AI orders. The correction from elevated valuations warrants caution. This is not investment advice.<\/strong><\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Why are AI stocks falling in India today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Indian AI stocks including E2E Networks (at 5% lower circuit, Rs 369) and Netweb Technologies (down 4.94% to Rs 4,083.30) are falling for the third session since June 9, tracking the global technology selloff triggered by Broadcom's (AVGO) disappointing Q3 AI chip sales guidance. Broadcom guided for Q3 AI chip sales of $16 billion, below the market expectation of $17.2 billion, and fell 14% on June 4, 2026. This caused the Nasdaq to fall over 4.5% the following week, sending a negative signal across global AI-linked equities. Indian AI stocks that had rallied significantly in 2026 are now undergoing a correction as investors reassess AI valuations.\"}},{\"@type\":\"Question\",\"name\":\"What triggered the global AI tech selloff?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The global AI tech selloff was triggered by Broadcom's (AVGO) fiscal Q2 2026 earnings results released on June 3, 2026. While Broadcom beat revenue estimates ($22.19 billion vs $22.13 billion expected), its Q3 AI chip sales guidance of $16 billion fell short of the $17.2 billion analyst estimate, and the company notably did not raise its full-year AI semiconductor forecast. This cautious guidance was interpreted by markets as a signal that AI infrastructure spending growth may be moderating, causing a broad sell-the-AI-story reaction. Broadcom fell 14% on June 4, dragging down Samsung (-5%), SK Hynix (-6.7%), TSMC (-2.1%), SoftBank (-7.5%), and eventually Indian AI stocks.\"}},{\"@type\":\"Question\",\"name\":\"What are E2E Networks' key fundamentals despite today's fall?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Despite the 4.99% decline to the lower circuit at Rs 369 today, E2E Networks has strong fundamental momentum. The company reported a 60% YoY jump in Q3 FY26 revenue to Rs 70 crore and announced a collaboration with Nvidia for cloud and AI infrastructure. E2E Networks had delivered over 45% returns to investors in 2026 before the current correction, reflecting strong institutional confidence in India's cloud computing and AI platform play. The company is investing aggressively in infrastructure, which temporarily creates losses (Rs 5.7 crore Q3 FY26 loss) but positions it for higher-margin AI cloud revenue.\"}},{\"@type\":\"Question\",\"name\":\"Is the AI stocks selloff a buying opportunity?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The AI stocks selloff may represent a buying opportunity for investors with a medium-to-long term horizon, depending on individual stock fundamentals. Netweb Technologies has an order pipeline of Rs 4,270 crore and reported 141% YoY revenue growth in Q3 FY26, indicating strong business momentum. E2E Networks has an Nvidia partnership and India's $200 billion AI investment pipeline as structural tailwinds. However, the near-term trigger for a recovery would be either a stabilisation in global AI sentiment (clarity on US AI capex from Microsoft, Google, Meta) or India-specific catalysts such as new government AI orders. The correction from elevated valuations warrants caution. This is not investment advice.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Indian AI stocks extend selloff: E2E Networks at 5% lower circuit Rs 369 (-4.99%), Netweb Rs 4,083 (-4.94%). Broadcom guidance miss, Nasdaq -4.5% last week are triggers.<\/p>\n","protected":false},"author":34,"featured_media":114860,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[4571],"class_list":["post-114835","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-stocks-slide"],"metadata":{"rank_math_internal_links_processed":["1"],"_edit_lock":["1781167652:23"],"_last_editor_used_jetpack":["block-editor"],"rank_math_primary_category":["842"],"rank_math_seo_score":["76"],"rank_math_focus_keyword":["AI stocks"],"rank_math_title":["AI Stocks Fall: E2E Networks, Netweb Down 5% on Tech Selloff"],"rank_math_description":["Indian AI stocks extend slide: E2E Networks hits 5% lower circuit at Rs 369, Netweb Technologies falls 4.94% to Rs 4,083. 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