Stabilising rupee, volatility in Korean and Taiwanese markets bring FIIs back to India

• The Opinions Editor argues that while immediate economic troubles have eased, the structural foundations necessary for sustainable, long-term growth remain absent. • Key sectors are struggling: high-skilled IT services are under pressure, manufacturing is failing to gain traction, and the financial sector is not creating enough low-to-medium skilled roles.

• MarketBeat’s stock screener tool has identified five key financial stocks to monitor for June 27th. • The highlighted companies include major industry players such as JPMorgan Chase & Co., Visa, Mastercard, Robinhood Markets, and Intuit.

• The EUR/JPY currency pair experienced a decline to 183.14 last week before seeing a partial recovery. • Analysts view the drop from 186.30 as the third leg of a larger pattern originating from the 187.93 level.

• Chevron CFO Eimear Bonner addressed U.S. gasoline price concerns during a discussion on June 27, 2026. • Bonner noted that while the stabilization of oil exports from the Middle East could eventually lead to lower gasoline prices, there is no immediate correlation with crude oil prices.

• BCA Research identifies South Korea as the most "stretched" market in the current global equity rally, noting that the KOSPI benchmark is hovering near record highs. • The rally is highly concentrated in a few large technology stocks, as only a small percentage of KOSPI-listed companies are trading above their 200-day moving average.

• Jefferies strategist Chris Wood warns that the current AI investment boom will end when investors realize hyperscalers are failing to generate adequate returns on their massive spending. • Wood argues that the primary risk is not a surplus of chips or supply issues, but rather a systemic concern over capital misallocation.

• The KOSPI is predicted to potentially rise to 9,500 points next week following a period of market volatility. • This projected growth is attributed to an increase in earnings outlooks for the second quarter and positive trends in the U.S. market.

• South Korea's KOSPI index experienced a severe crash, plunging nearly 10% in a single session and triggering a trading halt after an 8% drop. • The crash follows a period of rapid growth in Asian markets and is attributed to the high volatility of the global AI chip trade.

• Securities analysts forecast that the KOSPI could surge to a high of 9,500 during the coming week. • This optimistic outlook is driven by upward revisions to second-quarter earnings forecasts and growing expectations for third-quarter results.

• India has emerged as the world's fastest-growing major economy and currently ranks as the fourth-largest globally. • Driven by decisive governance and visionary reforms, the nation is projected to reach a GDP of $7.3 trillion by 2030.

• The government has proposed the "Distressed Asset Management Act, 2026," a draft law designed to formalize a recovery market for bad loans. • The legislation would allow private firms to purchase non-performing loans from banks, seize mortgaged assets, and take over indebted companies.