Stock Market Live Updates Today: Dalal Street turns green as BSE Sensex gains 45 points, Nifty50 jumps above 24,000 - The Times of India
- The BSE Sensex gained 45 points and the Nifty50 climbed above the 24,000 mark on Tuesday, reversing an initial opening in the red.
- Market volatility was driven by geopolitical tensions as the US resumed strikes on Iran, though positive developments regarding the conflict's end have sparked rallies.
- The current trend is closely tied to fluctuations in crude oil prices, which previously contributed to a significant 1,073-point surge in the Sensex.
- This shifting risk appetite reflects overall investor optimism and the perceived resilience of the economy amidst global instability.
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• Global stock markets, from Wall Street to Asia, are experiencing a sell-off as investors begin to question the soaring valuations of AI-driven companies. • Despite the current dip, major US indices have seen significant growth this year, with the Nasdaq up 10%, the S&P 500 up 7.3%, and the Dow jumping 6% to surpass 51,000 points.
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• South Korea's benchmark KOSPI index experienced a sharp sell-off, plunging more than 10 per cent. • The crash was triggered by investors rushing to book profits in AI-linked stocks, leading to a 20-minute trading halt to stabilize the market.
Read original · insights.dsij.in
DsijSouth Korea’s Kospi Suffers Sharp Slump Following Heavy Tech Selloff
• South Korea's Kospi index plummeted nearly 10% on Tuesday, driven by a massive selloff in the technology sector. • The slump was triggered by regulatory concerns regarding the rapid approval of leveraged products tied to semiconductor shares, which launched only one month ago.
Read original · kaohooninternational.com
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Read original · straitstimes.comAhead of Market: 10 things that will decide stock market action on Wednesday - The Economic Times
• The Sensex and Nifty plummeted over 1% on Tuesday, driven by global market weakness, significant losses in the IT sector, and a weakening rupee. • Market sentiment was further pressured by fresh outflows from foreign institutional investors (FIIs), leading to a sharp decline in overall indices.
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• The S&P 500 and Nasdaq closed lower on Monday, primarily driven by declines in megacap technology stocks such as Alphabet. • Investors are currently monitoring the market volatility as they assess ongoing developments in US-Iran negotiations.
Read original · economictimes.indiatimes.comUS stock markets today: Wall Street holds near record highs as oil prices ease on US-Iran deal hopes - The Times of India
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• Seoul's Kospi stock index plummeted 10% on Tuesday, leading a widespread tech-fueled sell-off across Asian markets. • Other major indices suffered significant losses, with Hong Kong sinking over 2% and strong selling pressure hitting Shanghai, Taipei, Sydney, and Mumbai.
Read original · today.rtl.lu