Shares of E2E Networks, Netweb Technologies and Black Box were among several artificial intelligence-related stocks that declined on Friday, tracking an overnight sell-off in AI stocks in the US and a fall in shares of similar companies elsewhere in Asia. The global sell-off comes amid signs of weakening investor interest in crowded AI trades and concerns over the debt-fuelled expansion of AI companies.

Shares of E2E Networks and ESDS Software hit their 5 percent lower circuit limits. E2E Networks has been hitting the lower end of the price band for the last four sessions. Shares of Netweb Technologies, a provider of AI systems and workstations, fell 5.2 percent from Thursday's close to Rs 4,351.60. Shares of companies operating in AI-related fields, including MTAR Technologies, Anant Raj and Black Box, declined 4-8 percent during the session. Over the past seven trading sessions, shares of these companies have fallen 8-19 percent.