E2E Networks hits 5% lower circuit for fourth session as AI-linked shares decline
Anupama VM
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Last Updated: 23rd October 2026 - 06:22 pm
Moneycontrol reported that E2E Networks shares hit their 5% lower-circuit limit for the fourth straight session on Friday, 23 October 2026. ESDS Software shares also reached their 5% lower-circuit limit during the session. The moves came as several AI-related shares declined, including Netweb Technologies, MTAR Technologies, Anant Raj and Black Box.
Moneycontrol reported that ESDS Software shares reached their 5% lower-circuit limit during the 23 October 2026 trading session.
Netweb Technologies shares fell 5.2% from Thursday’s close to ₹4,351.60 during the 23 October 2026 trading session, Moneycontrol reported.
Moneycontrol reported that MTAR Technologies, Anant Raj and Black Box declined between 4% and 8% during the 23 October 2026 session.
Shares of the named AI-related companies had fallen between 8% and 19% over the seven trading sessions through 23 October 2026, according to Moneycontrol.
Moneycontrol reported that the session’s declines tracked an overnight sell-off in United States AI shares and falls in shares of similar companies elsewhere in Asia.
The wider sell-off came amid signs of weakening investor interest in crowded AI trades and concerns over the debt-fuelled expansion of AI companies, Moneycontrol reported.
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