Goldman picks 42 stocks riding AI build-out
Nifty22, 780.25-360.25. Motilal Oswal Midcap Fund Direct-Growth.
Nifty22, 780.25-360.25. Motilal Oswal Midcap Fund Direct-Growth.
Article outline
- What happened
- Why it matters
- The bottom line
Key points
- By ET BureauLast Updated: Sep 29, 2026, 06: 13: 00 AM IST.
- A number of Indian businesses are emerging as significant players in the AI infrastructure sector, according to Goldman Sachs.
- But beneath the benchmark indices, a sizeable pocket of Indian firms is emerging as a play on the build-out of AI infrastructure.
- The Economic Times daily newspaper is available online now.
Nifty22, 780.25-360.25. Motilal Oswal Midcap Fund Direct-Growth. The Economic Times daily newspaper is available online now. Goldman Sachs identifies 42 Indian stocks riding AI build-out. Goldman Sachs identifies 42 Indian stocks riding AI build-out.
For context, a number of Indian businesses are emerging as significant players in the AI infrastructure sector, according to Goldman Sachs. These 'AI Enablers' span industries such as power, data centres, and semiconductors. While the Nifty index has fallen, this group of firms has experienced substantial gains. Nevertheless, their valuations remain high, with a observed premium over MSCI India. This trend signals a changing investment landscape within the Indian market. Listen to this article in summarized format. Unlock AI Briefing and Premium Content. New Year Offer 24 Hours Left. Subscribe Now Already a member? Sign In.
Mumbai: The absence of a meaningful AI trade in India is often cited as one reason for the relative lack of foreign investor interest in the market, particularly as AI-linked stocks have powered returns in a number of other major markets such as the US, Taiwan and South Korea. But beneath the benchmark indices, a sizeable pocket of Indian firms is emerging as a play on the build-out of AI infrastructure. Goldman Sachs has identified 42 such 'AI Enablers' throughout power, data centres and semiconductors.
For now, goldman picks 42 stocks riding AI build remains the part of the story worth watching, and further updates are likely as more details are confirmed.
