Stock Market Live Updates: Nifty IT jumps nearly 4% as tech stocks lead market rally - The Times of India

• South Korea's benchmark KOSPI index crashed 11.01%, plunging 743.63 points to close at 6,012.12. • The selloff extended across Asia, with Japan's Nikkei 225 and Taiwan's Taiex both declining by more than 4%.

• Asian stock markets experienced a severe plunge, led by South Korea's Kospi, which collapsed by 10 per cent. • The rout was driven by a global sell-off in tech stocks and reports of a breakthrough in China's chip industry.

• Asian stock markets experienced a broad decline, highlighted by South Korea's Kospi index plunging nearly 11% due to heavy selling of chipmaking stocks. • Other major indices fell, including Tokyo’s Nikkei 225, which dropped 4% to 62,364.92, and Taiwan's Taiex, which skidded 4.7% as TSMC shares fell 3%.

• South Korea's stock markets experienced a severe rout, with the Kospi index declining by more than 10% in a single day. • Major semiconductor companies Samsung and SK Hynix both saw double-digit losses, contributing to a broader 30% market drop over the last six weeks.

• Today's primary events include the release of the US Consumer Confidence report and a scheduled meeting between Donald Trump and Benjamin Netanyahu. • Market price action is currently being driven by hedging and deleveraging activities rather than new developments in the Middle East.

• Global markets are bracing for volatility as Asia stocks, including the Nikkei and KOSPI, tumble following a rout in AI-related shares. • Investors are closely monitoring upcoming earnings reports from Big Tech companies and a critical decision from the Federal Reserve.

• Wall Street analysts have issued new upgrades, downgrades, and initiations for a diverse range of companies, including Alphabet, Ford, Rivian, and Rocket Lab. • These shifts occur ahead of the quarter's busiest earnings week, with over 150 companies (more than 30% of the S&P 500) scheduled to report.

• South Korea’s benchmark Kospi index plummeted 8.1% (551 points) to 6,2505, triggering "sidecar" trading curbs to temporarily halt program trading. • The decline was part of a broader regional slump, with the MSCI Asia Pacific Index falling 2.92%, Japan's Nikkei dropping 3.86%, and technology stocks suffering the heaviest losses.

• Asian markets are expected to open lower due to ongoing valuation pressures on technology stocks, coinciding with the start of the FOMC meeting. • Investors are closely monitoring SK Hynix's earnings report, CXMT's second day of trading, and news regarding China's new deep ultraviolet lithography kit.

• The KOSPI closed 0.97% higher at 6,755.75, despite a significant selloff of nearly 2.9 trillion won by foreign investors. • Market gains were driven by Samsung Electronics (+1.80%) and SK hynix (+3.24%) following cooperation plans with Nvidia, Microsoft, and OpenAI announced at the San Francisco AI Summit.

• The KOSPI closed at 6755.75 on the 27th, marking an increase of 65.13 points (0.97%) amid recent market volatility. • Investors are closely monitoring the U.S. Federal Open Market Committee (FOMC) and second-quarter earnings reports from tech giants including Microsoft, Meta, Amazon, and Apple.