Why Goldman Sachs still prefers Korea and Taiwan over India — and what could change its view - CNBC TV18

• US investors returned to trading following the Independence Day long weekend, though their return provided little new momentum to overall market dynamics. • European and UK yields remained stable, fluctuating by less than 1.5 basis points due to a lack of significant EMU economic data.

• Salesforce stock declined 1.12% this week, closing at $163.93 as bearish momentum continues to dominate the price action. • Despite strong fundamentals, including $11.13 billion in revenue (up 13.3% year-over-year) and earnings per share of $3.88, technical indicators remain weak.

• Bank of Montreal (BMO) stock experienced a steady trading session, closing at C$248.69, representing a 0.65% increase. • Technical analysis indicates that the stock is maintaining a critical support level at C$245.30.

• European markets remained tentative with light changes across major indices during the morning session on July 6, 2026. • US equities are positioning for a rebound as Wall Street reopens, with a specific focus on a recovery in technology shares.

• Broadcom shares rose 5.44% this week, closing at $379.22. • The stock's growth is attributed to a strong partnership with Apple and bullish technical momentum.

• Brookfield Asset Management (BAM) shares rose 3.27% to $47.37, driven by positive market momentum and the expansion of clean energy deals. • The stock is currently trading above key moving averages, signaling a bullish trend for the company in both the near and medium term.

• Indian benchmark indices closed higher on Monday, July 6, with the Sensex jumping 521 points and the Nifty 50 closing above 24,430. • The rally was primarily driven by a strong performance from HDFC Bank following a positive quarterly business update.

• Certain stockholders of Sun Life Financial (SLF) filed a notice on July 6, 2026, regarding the potential sale of approximately 3.28 million common shares. • The filing indicates a significant divestment by specific shareholders, though the exact identities of the sellers were not detailed in the announcement.

• South Korea’s Kospi index led losses across Asia-Pacific markets, driven primarily by a decline in tech giants Samsung and SK Hynix. • Market volatility was mirrored in China, where the Shanghai SSEC fell 0.59% to 4,017.30 and the Shenzhen SZI dipped 0.28% to 15,373.48, though Hong Kong’s HSI rose 0.39% to 23,708.19.

• The UK stock market is expected to open with a mild positive trend on July 6, 2026, with the FTSE 100 trading near a four-month high. • Market growth is being driven by large-cap stocks in the banking, mining, energy, and healthcare sectors, though weak UK PMI data and cautious sentiment may limit overall gains.

• The NSE Nifty climbed 159.50 points (0.66%) to close at 24,430.35, marking the fourth consecutive day of gains for the Indian share market. • This rally was primarily driven by a surge in bank stocks and the positive impact of lower oil prices.